Germany - Europe-Data.com

German economy ‘increasingly falling into crisis’, says ifo Institute

Business sentiment in Germany continues to decline, according to the latest edition of the ifo Business Climate Index.

Some 3.1 million German citizens are currently employed in the country’s retail sector, according to Handelsverband Deutschland (HDE).

Germany was the top producer of ice cream in the European Union in 2023, with a production output of 612.4 million litres.

A new study has found that property prices in most German cities saw a significant uptick in the first half of 2024.

Germany maintained its position as the top beer producer in the European Union in 2023, producing some 7.2 billion litres.

Germany’s inflation rate stood at 2.2% in June 2024, the same level as the previous year, new data has shown.

A majority of businesses in the DACH region state diversity as a key corporate value, but are not putting this into practice.

Germany leaving the EU would be economically catastrophic, a new study by the Austrian Institute of Economic Research (WIFO) has found.

The European Football Championship in Germany this year is expected to generate additional retail sales of €3.8 billion.

Just under two thirds (64%) of German consumers believe that the legalisation of cannabis will gave a negative effect on road safety.