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In January, the business climate index in Germany fell to 99.1 points against the value of December at 101 points, the Ifo research institute reported. The indicator reached its lowest level since February 2016. Experts had predicted a decline to 100.7 points. The index of the current economic situation in Germany fell to 104.3 points from 104.9 points in December. Analysts polled by Reuters, expected the fall to 104.2 points. The value of December, on the contrary, was revised upwards from 104.7 points. The index of economic expectations fell to 94.2 points from 97.3 points in November. According to experts, the figure should have dropped only to 97 points.
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
Australia had seen its employment rate dropping 1.1% between mid-June and mid-July, weekly data showed on Tuesday. In addition to this, the southeastern state of Victoria recorded the sharpest plunge in employment as the state suffers from ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
KYC Policy