German Brick-And-Mortar Retail Revenue Down 35% Over 20 Years
According to the Federal Statistical Office (Destatis), in 2023, German department and retail stores reported a real (price-adjusted) revenue decline of 34.8% compared…
Germany’s Truck Toll Mileage Index Rises in February 2024
The index, which tracks the performance of toll-liable trucks with at least four axles on federal highways, showed a 1.5% rise from January…
ECB Leaves Rates Unchanged, Faces CPI Upside Pressures From Wage Growth
The European Central Bank's (ECB) executive board Thursday decided decided to keep the three key ECB interest rates unchanged.
Wind Power Spearheads Germany’s Shift to Renewable Energy in 2023
In 2023, 56% of Germany's electricity was generated from renewable sources, with wind power being the most significant at 31%.
German Services Saw 2% Increase in 2023
In 2023, the service sector in Germany saw a 2.0% increase in revenue compared to the previous year.
German Exports In January 2024 Increased 6.3%
Imports also rose by 3.6% to 108 billion euros. The trade surplus for January 2024 was 27.5 billion euros.
Rwanda Leads With 61.3% Female Representation in Parliament, Germay 35.3% Women
Rwanda Leads With 61.3% Female Representation in Parliament, Germay 35.3% Women
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…