Euro Area Bank Interest Rates Show Mixed Trends in January 2024
Euro area bank interest rate statistics for January 2024 show changes in interest rates for loans and deposits. Composite interest rates for new…
German Union Wages 3.7% in 2023 YOY
Collectively agreed earnings excluding special payments in 2023 increased by 2.4% compared to the previous year, Destatis said.
German January Retail Sales -0.4% MOM
Compared to the same month in January 2023, the retail sector recorded a real sales decline of 1.4% and a nominal sales increase…
German Real Wages up 0.1% in 2023
Real wages in Germany increased by 0.1% in 2023 compared to 2022, with a 6.0% rise in nominal wages, the highest since 2008,…
German Housing Cools to Lowest Level Since 2012
26.6% fewer housing permits issued in Germany in 2023 compared to the previous year, reaching the lowest level since 2012.
World Economic Forum Criticizes Brazil’s Land Use
Sustainable food production in Brazil's Cerrado region could generate $72 billion annually for the economy.
Online Shopping Gains Popularity Among Older Germans for Everyday Items
The trend of online shopping in Germany has extended beyond fashion and media, increasingly encompassing daily necessities.
Update: 381,000 Students in Germany Obtained Abitur in 2023
Germany has witnessed about 381,000 students obtaining their university (Abitur) or technical college (Fachhochschulreife) entrance qualifications in 2023.
Vegetable harvest in Germany increased by 4% in 2023 compa
Total vegetable production was 3.9 million tons from 5,970 farms on 122,800 hectares, a 3% decrease in land used for cultivation.
German non-EU exports up in January 2024
German exports to non-EU countries in January 2024 increased by 1.3% compared to December 2023, totaling 58.9 billion euros