News


Germany Ifo Index Rises Clearly in May to Two-Year High

Germany Ifo Index Rises Clearly in May to Two-Year High

By David Barwick – FRANKFURT (Econostream) – German business confidence rose clearly in May as both expectations and assessments of the current situation improved, economic research institute Ifo said on Tuesday.

25 May 2021
German 1Q 2021 GDP Down 1.8% Q/Q, -3.1% Y/Y

German 1Q 2021 GDP Down 1.8% Q/Q, -3.1% Y/Y

By David Barwick – FRANKFURT (Econostream) – German economic output fell a real, seasonally and calendar-adjusted 1.8% on the quarter in the first quarter of 2021, the German Federal Statistical Office announced on Tuesday.

25 May 2021
ECB Brief: Lagarde Suggests June Council Meeting May Be No Inflection Point

ECB Brief: Lagarde Suggests June Council Meeting May Be No Inflection Point

By David Barwick – FRANKFURT (Econostream) – The June policy meeting of the European Central Bank’s Governing Council appears somewhat less likely to become an inflection point with respect to the degree of monetary accommodation, based on comments Friday by ECB President Christine Lagarde.

21 May 2021
German Bundesbank: German Inflation Could Temporarily Hit 4% Towards End-2021

German Bundesbank: German Inflation Could Temporarily Hit 4% Towards End-2021

By David Barwick – FRANKFURT (Econostream) – Inflation in Germany could temporarily hit 4% toward the end of the year, the German Bundesbank said on Friday in its latest monthly bulletin, an increase from recent previous monthly bulletins in which it had only predicted German HICP rates ‘clearly’ above 3%.

21 May 2021