German Unemployment Rises More Than Forecast
(RTTNews) - Joblessness in German grew more than expected in June and the unemployment rate edged up, preliminary figures from the Federal Labor Agency showed Friday. The seasonally adjusted unemployment grew by 19,000 persons in June following a 25,000 increase in May. Economists had forecast a rise of 15,000.
The jobless rate rose to 6.0 percent after holding steady at 5.9 percent in the past few months. The rate was expected to remain unchanged.
The number of unemployed totaled 2.781 million versus 2.762 million in May. "The weakness in the labor market continues, with unemployment and underemployment rising noticeably in June on a seasonally adjusted basis," Federal Labor Agency Chief Andrea Nahles said.
"Companies continue to be reluctant to look for new staff."
baca selengkapnya
German Exports Log Unexpected Fall; Imports Recover
Germany's exports registered an unexpected fall in August, while imports logged a moderate recovery, official data showed Thursday. Exports dropped 0.8 percent on a monthly basis, following a 0.5 percent decrease in July, Destatis reported. Exports were expected to grow 0.8 percent.
RTTNews
|
2 hari yang lalu
German Industrial Production Rebounds
Germany's industrial production rebounded in August despite summer heatwave and geopolitical tensions, official data showed Wednesday. Industrial output expanded 2.0 percent on a monthly basis, in contrast to the 1.2 percent decrease in July, Destatis said. Production was expected to grow 0.5 percent.
RTTNews
|
2 hari yang lalu
German Factory Orders Plunge
Germany's factory orders declined sharply in August largely due to the fall in demand for aircraft, ships, trains and military vehicles, official data revealed Tuesday. Factory orders plunged 10.6 percent from the previous month, in contrast to the 3.2 percent rise in July, Destatis reported. Orders were forecast to decrease moderately by 0.9 percent.
RTTNews
|
3 hari yang lalu
Eurozone Private Sector Growth At 41-Month High
The euro area private sector expanded at the fastest pace in nearly three-and-a-half years in September amid rising demand and employment, final purchasing managers' survey data from S&P Global showed Monday. The composite output index posted 53.1 in September, in line with flash estimate, and above August's 52.0.
RTTNews
|
4 hari yang lalu
Eurozone Sentix Investor Confidence Weakens
Eurozone investor confidence deteriorated in October as weakening expectations raised concerns about the economic recovery, survey data from the behavioral research institute Sentix showed Monday. The Sentix investor confidence fell more-than-expected to 2.7 in October from 5.1 in the previous month. The score was seen at 4.5.
RTTNews
|
4 hari yang lalu
Eurozone Inflation Rises To 3-Year High
Eurozone inflation accelerated more than expected to a three-year high in September on energy prices, flash estimate from Eurostat showed Friday. Inflation rose to 3.8 percent in September, marking the highest since September 2023, from 3.2 percent in August. The rate was forecast to climb to 3.7 percent.
RTTNews
|
7 hari yang lalu
Eurozone Manufacturing Activity Gathers Momentum
The euro area manufacturing activity strengthened in September as production and new orders grew at their sharpest rates since early 2022, final survey results from S&P Global showed Thursday. The final manufacturing Purchasing Managers' Index rose to 52.9 in September from 52.7 in the previous month.
RTTNews
|
9 hari yang lalu
German Inflation Highest Since December 2023
Germany's consumer price inflation accelerated for a third month in September to reach its highest level in nearly three years on the back of a surge in energy prices, yet the European Central Bank is likely to seek more evidence to establish second-round effects of the fuel price shock on the real economy before raising interest rates again.
RTTNews
|
9 hari yang lalu
