Germany News

German exports plunge in May

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There was an unexpected fall in exports from Germany in May, another indicator of a slowing economy. The export decline of 1.8 percent compared to April, was the steepest in nine months. Year-on-year exports were up by 1.6 percent. Imports also rose less than expected; they were up just 0.1 percent, pointing to subdued domestic […]

Germany News

German economy is Trump resistant…for the moment

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Donald Trumps spectacular journey from Trump Tower to the White House appears not to have had any impact in footnote to the German economy to date. However, it may understand sometime for the ripples or waves to hit Berlin. The general consensus is that uncertainty and pessimism, two ingredients that induce allergies in the financial […]

Germany News

German business morale weakens, but is Trump to blame?

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German businesses are gloomier this month. A regular survey of some 7,000 firms in Europe’s largest economy showed morale unexpectedly dropped. It was previously at its highest level in almost three years. The United States is Germany’s most important single export destination and President Donald Trump’s protectionist comments have unsettled German politicians and business leaders. […]