In February 2023, German business sentiment slightly improved with the ifo index rising to 85.5 from 85.2, signalling a less pessimistic outlook.
The economy shows signs.
More than half of UK exporters, as well as over half of manufacturers and business-to-consumer service firms, have been negatively impacted by disruptions in the Red Sea,.
In January 2024, Germany s exports to non-EU countries rose by 1.3 per cent to €58.9 billion, adjusted for seasonality.
Unadjusted figures showed a 1.4 per cent year-on-year.
US Senators Sherrod Brown and Rick Scott have urged the government to take executive action to stop the abuse of the de minimis rule that foreign competitors like China.
Inflation expectations for the next 12 months edged up by 0.1 percentage points month on month to 3.3 per cent in January and remained unchanged at 2.5 per cent for three.