Economics
DeStatis – Germany: Producer prices in April 2022 record +33.5% year on year
Record year on year increase. Time to raise taxes on corporations and to intorduce price controls. Read Here
DeStatis
Economics
DeStatis – Germany: Producer prices of agricultural products up 34.7% in March 2022 year on year
Highest increase in producer prices of agricultural products since the beginning of the survey. And now the nation is in the midst of a drought. Result of failed economic and environmental policy over the past […]
Economics
DeStatis – More from Germany’s V-Recovery: Production in March 2022: -3.9% on the previous month
Production in industry March 2022 (provisional): -3.9% on the previous month (price, seasonally and calendar adjusted) -3.5% on the same month a year earlier (price and calendar adjusted) Read Here This work has been released […]
Economics
Is EU heading towards a recession?
GDP up by only 0.2% in the euro area and by 0.4% in the EU in the first quater of 2022 Read Here
Economics
DeStatis – Germany: Public debt reached all-time high of 2.3 trillion euros at the end of 2021
The debt owed by the overall public budget (Federation, Länder, municipalities and associations of municipalities, social security funds, including all extra budgets) to the non-public sector amounted to 2,319.8 billion euros at the end of […]
Economics
DeStatis: German Economy sinks 0,3% in 4th quarter of 2021
Gross domestic product (GDP), 4th quarter of 2021-0.3% on the previous quarter (price-, seasonally and calendar adjusted)+1.8% on the same quarter a year earlier (price-adjusted)+1.8% on the same quarter a year earlier (price- and calendar-adjusted) […]
Economics
German Non-V Recovery – DeStatis: GDP in 4th quarter of 2021 down 0.7% on the previous quarter
But the German Minister for Economic Peter “Bozo the Clown” Altmaier had a chart to prove there would be a V-recovery Bozo and Bojo have a lot in common. Read here
Economics
DeStatis: German growth stalls again
Production in industryNovember 2021 (provisional):-0.2% on the previous month (price, seasonally and calendar adjusted)-2.4% on the same month a year earlier (price and calendar adjusted) October 2021 (revised):+2.4% on the previous month (price, seasonally and […]
EU politics
DeStatis – 21% of Germans worked in low-wage jobs
Roughly 7.8 million jobs were low-wage jobs earning less than a gross 12.27 euros per hour. Read here
Economics
Eurostat: EU records trade deficit as gas from Russia and Norway takes its toll
Imports to the EU from Russia and Norway increased year on year 59.1 and 56.4 percent respectively for the period January to October. It is only thanks a rapidly increasing trade surplus with Britain (27 […]