Tag: Federal Statistical Office
German economy largely stagnated in final quarter of 2020
dpa/GNA - Despite a coronavirus lockdown, the German economy grew by 0.1 per cent in the fourth quarter of 2020 compared to the...
Analysts: German economy slumped by 5.1 percent in 2020
dpa/GNA – The German economy is expected to have contracted at a dramatic pace last year, after the launch of tough restrictions to...
German shares gain 0.75 percent at start of trading on Wednesday
German stocks were off to a good start on Wednesday, with the benchmark DAX index rising 97.41 points, or 0.75 percent, opening at 13,071.66...
Employment barometer in Germany continues to climb: ifo
German companies were "scaling back their layoff plans" and the ifo Employment Barometer climbed from 93.2 points in July to 95.4 points in...
German economy contracts 9.7 percent in second quarter
The German economy contracted by a record 9.7 percent in the second quarter of this year amid the impact of the COVID-19 pandemic, the...
German hotel and restaurant industry starts recovery as COVID-19 restrictions lifted
Turnover of the German hotel and restaurant industry started to recover in May and grew by around 45 percent compared with the previous month,...
Expected health expenditure in Germany exceeds US$442 billion in 2019
Expected health expenditure in Germany in 2019 had gone up by 4.3 percent to 407.4 billion euros (442 billion U.S. dollars) compared to the...
Sales of German retail sector up 1.8 percent in January
Sales in Germany's retail sector increased in real terms by 1.8 percent in January 2020 compared with the same month last year, the Federal...
Germany’s death toll from road accidents hits record low in 2019
A total of 3,059 people died in road accidents in Germany in 2019, a decline of 6.6 percent compared to the previous year, the...
German tourism industry sees record high of overnight stays in 2019
The number of overnight stays in German accommodation facilities in 2019 increased by 3.7 percent compared to last year, according to the Federal Statistical...