ewg3D/iStock via Getty Images Germany’s Ministry of Defense received less funding for 2025 than it had requested amid plans to increase spending by 6.7 billion euros ($7.25 billion), Reuters reported Monday. German Defense Minister Boris Pistorius said the shortfall was “annoying,” and that his agency would have to make theContinue Reading
Reinhard Krull The preliminary reading for inflation rate in Germany dropped to 2.20% in June from 2.40% in May 2024. The Consumer Price Index expected to increase 0.10% in June 2024 over the previous month. The inflation rate excluding food and energy, often referred to as core inflation, is expectedContinue Reading
bluejayphoto The HCOB Germany Manufacturing PMI was little changed at 43.5 in June, compared to a preliminary of 43.4 and a four-month high of 45.4 in May. The reading pointed to a fresh setback of the manufacturing sector at the end of the second quarter, with the rates of contractionContinue Reading
