Consumer prices up by 1.8% in June 30. June 2007 by Thomas Jannot As was reported by the Federal Statistical Office the consumer price index for Germany will probably increase by 1.8% in June 2007 as compared to June last year. In May the annual increase had been 1.9%. Compared to May 2007 the index increased by 0.1%.
IT hardware and consumer electronics business growing 30. June 2007 by Thomas Jannot According to the German Association for Information Technology, Telecommunications and New Media (BITKOM) in the first quarter of 2007 Germany reduced its import surplus of information and telecommunication products by 34% to 2.5 billion Euros. In the previous quarter the surplus had been 3.8 billion Euros. The main reason for this development are decreasing imports …
Turnover in wholesale trade down by 1.8% 28. June 2007 by Thomas Jannot According to preliminary findings by the Federal Statistical Office, in May 2007 the turnover of German wholesale trade companies was down by 0.8% and 1.8% in nominal and real terms respectively as compared to May 2006. Compared to April 2007 the figure fell by 0.3% and 0.1% respectively.
Less new companies set up 27. June 2007 by Thomas Jannot In the first quarter of 2007 just about 42.400 companies were set up of which the legal form and number of employees indicate major economic importance. This figure corresponds to a 5.9% decrease as compared to the first quarter of 2006. On the other hand, the number of second employment businesses rose by 62.000 or …
Import prices slightly up 27. June 2007 by Thomas Jannot According to the Federal Statistical Office the import price index was up by 0.6% in May 2007 as compared to the same month in 2006. Compared to April 2007 the index rose by 0.3%. In May 2007, as was already the case in previous months, the annual inflation rate for non-ferrous metals and semi-finished products …
Online auctions as popular as never before 27. June 2007 by Thomas Jannot Private auctions and small advertisements on the internet are as popular as never before. In the year 2006 there were 12 million Germans aged between 16 and 74 years who used the internet in order to sell goods or services. Thus, one in five people of this age bracket is an online-seller. Compared to previous …
Danish labour market policies not suitable for Germany 27. June 2007 by Thomas Jannot According to the Institute of the Cologne-based Institute for the German Economy (IW), the Danish Flexicurity model which combines little protection against dismissal with generous unemployment benefits can not be easily applied to Germany the reason being that in Denmark for a long time there has been a completely different wellfare-state model in which there …
Advertisement: first edition of ONE published 26. June 2007 by Thomas Jannot Oracle Germany which are a provider of technology and software solutions to small and medium-sized entities have published the first edition of ONE. This magazine is dedicated to the challenges faced by small and medium-sized entities (SMEs). More than 70 percent of Oracle´s customers are SMEs and Oracle wants to provide important information and first-hand …
German tax rates above EU average 26. June 2007 by Thomas Jannot The average tax burden on public limited companies in the EU member states has fallen from 38% in 1993 to currently 24.2%. Over the last years Germany has reduced the tax charge for public limited companies from 59.7% in 1993 to 38.4% today. In the course of the corporate tax reform scheduled for 2008 another …
35.000 less public servants 25. June 2007 by Thomas Jannot At the end of June 2006 the number of public servants in Germany was about 4.6 million which is 35.000 (about 1%) less than in the year 2005. These figures were published on Saturday by the Federal Statistical Office on the occasion of the international day of public service.