Germany: Unemployment Rate stays unchanged at 5% as expected
Unemployment Rate in Germany stayed unchanged at 5% in April as expected. EUR/USD clings to
German Retail Sales drop 2.7% YoY in March vs. 7.0% previous
German Retail Sales arrived at -2.7% YoY in March vs. 7.0% previous Retail Sales in
German IFO’s Economist: Economy is robust in face of uncertainty
Following the release of the German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that
German IFO Business Climate Index improves to 91.8 in April, rescues EUR bulls
German IFO Business Climate Index came in at 91.8 in April. IFO Current Economic Assessment
German government raises 2022 CPI forecast to 6.1% vs. 3.3% seen in January – Reuters
In its spring forecast, Germany’s government raised the 2022 inflation forecast to 6.1% vs. 3.3%
German IFO’s Economist: See no recession in Q1
Economist Klaus Wohlrabe at Germany’s IFO said that they do not see a risk of recession
German Preliminary Manufacturing PMI drops to 54.1 in April vs. 54.5 expected
German Manufacturing PMI arrives at 54.1 in April vs. 54.5 expected. Services PMI in Germany
Germany’s ZEW: Prospect of stagflation over the next six months remains
Commenting on the latest ZEW Survey for Germany, "experts are pessimistic about the current economic
German Industrial Production rises by 0.2% MoM in February, beats estimates
Industrial Production in Germany rose more than expected in February, the official data showed on
German Factory Orders miss estimates with -2.2% MoM in February
German Factory Orders dropped by 2.2% MoM in February. German Retail Sales arrived at 2.9%