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German export sentiment improves in November - Ifo
Only a few sectors expected exports to increase, according to the Ifo economic institute. The institute's export expectations indicator rose to minus 3.8 points in November.
Germany's Economy Shrank, and It's Facing a Spending Crisis That's Spreading More Gloom Europe's largest economy shrank 0.1% in the July-to-September quarter. The closely watched Ifo institute survey of business optimism showed a tiny uptick to 87.3. The downbeat figures come as the country's budget crisis raises the possibility of deep spending cuts next year.
German business sentiment improves in November - Ifo German business morale improved for a third straight month in November, the Ifo institute said. The institute said its business climate index stood at 87.3, slightly below the 87.5 forecast by analysts in a Reuters poll. Companies were somewhat more satisfied in November than in the previous month with their current business situation.
Germany's economy shrank, and it's facing a spending... Europe's largest economy shrank 0.1% in the July-to-September quarter as inflation eroded people's willingness to spend. The closely watched Ifo institute survey of business optimism showed a tiny uptick to 87.3 for November from 86.9 in October. The downbeat figures come as the country's budget crisis raises the possibility of deep spending cuts next year.
German manufacturers almost back to pre-crisis supply... In October, 18.2% of companies surveyed by Ifo reported problems. By comparison, supply problems for the sector peaked in December 2021. The automotive sector was still the hardest hit by supply bottlenecks in October.
German export sentiment worsens noticeably in September... Exports to all major regions in decline, according to a survey by the Ifo economic institute. All sectors are facing a decline in foreign business, except for the manufacturers of leather goods, furniture and some companies in the food industry.
Germany's 'bleak' economy is now 'treading water' with key business confidence barometer sliding for... The Ifo institute's confidence barometer, based on a survey of 9,000 companies, ticked down to 85.7 points from 85.8 the previous month. But'sentiment in the German economy remains bleak,' said Munich-based Ifo president Clemens Fuest. 'The German economy is treading water,' he said.
Germany is the 'sick man of Europe' — and it's causing a shift to the right, top economist says Germany is once again the "sick man of Europe," according to Hans-Werner Sinn, president emeritus at the Ifo institute. The label was originally used to describe the German economy in 1998 as it navigated the costly challenges of a post-reunification economy. Sinn said a reliance on renewable technologies such as wind and solar would cause a "volatility problem"
German business sentiment worsens further in August - Ifo The Ifo institute said its business climate index stood at 85.7, down from 87.4 in July. Assessments of the current situation fell to their lowest level since August 2020. Weak new orders are the main reason for the pessimism.
Gloomy Ifo fuels fears of second German recession in a... The Ifo institute said on Friday that its business climate index stood at 85.7, down from 87.4 in July. Analysts polled by Reuters had forecast an August reading of 86.7. Assessments of the current situation fell to their lowest level since August 2020.
German business confidence declines to near 7-year low | AP News The Ifo institute said its monthly confidence index declined to 94.3 points in August. Managers’ views of the current situation and the outlook for the next six months both worsened. The German economy contracted by 0.1% in the April-June period.
Mood darkens in German chemicals industry on weak... Business climate in Germany's chemical industry deteriorated significantly in June. Ifo's indicator on the sector fell to -28.3 points in June from -12.5 in May. High energy and production costs also continue to weigh on business.
Mood darkens in German chemicals industry on weak demand - Ifo Ifo's indicator on the sector fell to -28.3 points in June from -12.5 in May. High energy and production costs also continue to weigh on business. Only 12.5% of companies reported bottlenecks.
German yield curve most inverted in nearly 31 years before ECB speakers Investor focus is on speeches from ECB officials at the central bank's Sintra forum. weak PMI and Ifo data added to doubts about the health of the bloc's economy. Greece's bonds outperformed their peers after Kyriakos Mitsotakis' New Democracy party got 158 seats.
Marketmind: Markets take mutiny in their stride, for now U.S. and European futures rose about 0.3% through the Asia day. Asian stocks were steady and moves in the foreign exchange market were small. Germany's Ifo business survey is due and is expected to show business morale and expectations further souring.
Morning Bid: Markets take mutiny in their stride, for now U.S. and European futures rose about 0.3% through the Asia day. Asian stocks were steady and moves in the foreign exchange market were small. Germany's Ifo business survey is due and is expected to show business morale is souring.
German business sentiment falls further in June German business morale worsened for the second consecutive month in June. Europe's largest economy faces an uphill battle to shake off recession. Ifo institute said its business climate index stood at 88.5.
German business sentiment falls further in June German business morale worsened for the second consecutive month in June. Europe's largest economy faces an uphill battle to shake off recession. Ifo institute said its business climate index stood at 88.5 following a reading of 91.5 in May.
German economy will stagnate this year -adviser "Growth will be plus/minus zero," Monika Schnitzer told Reuters. She cited the Chinese economy and interest rates in Europe as factors. Ifo institute separately predicted the German economy would contract more than expected this year.
German Business Outlook Drops Amid Weak Factory Performance Germany's business outlook deteriorated for the first time since October. A struggling manufacturing sector threatens to undermine the recovery of Europe's biggest economy. An expectations gauge by the Ifo institute slipped to 88.6 in May.
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