OECD forecast 2.1% economic growth for 2008 14. December 2007 by Thomas Jannot In its economic forecast which was presented last week the Organistion for Economic Co-operation and Development (OECD) forecast a continuation of the worldwide economic upswing, even though this will be slightly less intensive than so far. Despite considerable risks posed by the slowdown on real estate markets, turbulences on the financial markets and high raw …
SMEs very import economic factor in China too 14. December 2007 by Thomas Jannot Not only in Germany, but also in China small and medium-sized entities (SMEs) play in important role for the development of the national economy and the labour market as well as for innovation. This fact was not announced by some Western economist or policy maker, but by Ou Xinqian, who is deputy director of the …
Economic prospects increasingly cloudy according to ZEW 12. December 2007 by Thomas Jannot According to the Centre for European Economic Research (ZEW), the economic prospects for Germany once more became more pessimistic in December and currently amount to 37.2 points after 32.5 points in the previous month. Thus, these are still significantly below a historic mean value of 31.4 points. Financial experts have identified clear risks with regard …
Fed lowers key interest rate to 4.25 percent 12. December 2007 by Thomas Jannot Yesterday the Council of the US Federal Reserve lowered the key interest rate by 0.25 percent to 4.25% which is the third reduction in a row after more than one year of unchanged rates. Investors had hoped for a stronger reduction so that the Fed´s decision had a negative effect on the stock exchanges. The …
Wholesale prices up by 5.7 percent in November 11. December 2007 by Thomas Jannot In November this year, according to the Federal Statistical Office, wholesale prices were 5.7% higher than in November 2006. This means that prices increased much more than in October and September this year (+4.7% and +4.0%). In comparison to October this year wholesale prices increased by 1.0%.
German exports increased significantly in October 11. December 2007 by Thomas Jannot According to the Federal Statistical Office, in October 2007 exports and imports from and to Germany amounted to 88.9 and 70.1 billion Euros respectively. Thus, German exports increased by 6.3% and imports by 5.2% as compared to October last year. In comparison to September this year exports and imports grew by 0.6% and 0.2% respectively.
Roland Berger forecast boom in environmental engineering 10. December 2007 by Thomas Jannot Already today the global market volume of environmental protection engineering amounts to more than 1 trillion Euros and by 2020 this figure may increase to 2.2 trillion Euros. This is the forecast by a study which was carried out by Roland Berger Strategy Consultants on behalf of the Federal Ministry of the Environment and the …
Participants for study on production processes required 10. December 2007 by Thomas Jannot The Institut für Integrierte Produktion in Hannover and the International Performance Research Institute in Stuttgart conduct a study on the management of production processess. The study is to analyse how production start-ups can be made more efficient thereby shorting the time-to-market period. Small and medium-sized entities which have experiences in this respect are invited to …
6.3 percent more turnover in industry 10. December 2007 by Thomas Jannot According to provisional figures provided by the Federal Statistical Office, turnover in industry increased by 6.3% in real figures in October this year as compared to October 2006. In the same period domestic turnover increased by 3.4% while that with foreign buyers was up by 10.0%. In comparison to September this year turnover increased by …
Order inflow into German industry increased strongly 7. December 2007 by Thomas Jannot According to provisional figures by the Federal Statistical Office, the demand for industrial products has strongly increased by 4.0% in adjusted for price and season figures in October. Back in September the demand had fallen by 1.6%. The driving force behind this development are big orders from abroad. From these benefitted in particular the manufacturers …