Retail trade turnover down by 0.6 percent in April 4. June 2007 by Thomas Jannot According to preliminary findings by the Federal Statistical Office, turnover in the German retail trade was up by 0.4% in nominal terms and down by 0.6% in real terms as compared to the same month in 2006. One year ago, however, the Easter shopping took place exclusively in the month of April whereas this was …
Wholesale trade turnover up by 3.0 percent 31. May 2007 by Thomas Jannot The Federal Statistical Office reported that wholesale trade turnover increased by 4.8% in nominal terms and by 3.0% in real terms in April 2007 as compared to April 2006. Compared to March 2007, however, it increased by 1.5% less both in nominal and real terms. Most turnover was generated in the wholesale of machines, equipment …
Unemployment down by another 20.9 percent compared to 2006 31. May 2007 by Thomas Jannot Today the Federal Statistical Office reported that the number of gainfully employed people rose by 1.4 percent (560.000 people) in April 2007 as compared to April 2006. At the same time the number of jobless people fell by 730.000 in April 2007. This corresponds to a decrease in unemployment of 20.9% compared to April 2006. …
Consumer prices up by 1.9% as compared to last year 30. May 2007 by Thomas Jannot As is reported by the Federal Statistical Office, the German consumer price index for May 2007 will probably be 1.9% higher than in May 2006. As compared to April 2007, however, the increase is just 0.2%. The moderate price increase since April 2007 is due to falling prices for seasonal foods.
Investment by the construction industry on the rise in the first quarter of 2007 29. May 2007 by Thomas Jannot The situation in the construction industry has been further improving since the beginning of this year. According to the Federal Statistical Office, the adjusted-for-price figure for investment by the construction industry rose by 15.3% in the first quarter of 2007 as compared to the first quarter of 2006. The figure adjusted for season reflected a …
Market for downloads set to grow by another 20% 29. May 2007 by Thomas Jannot This is the forecast made by the German Association for Information Technology, Telecommunications and New Media (BITKOM). In 2006 the number of songs, audiobooks, videos, games or software packages downloaded was higher than ever before. In total legal downloads in Germany amounted to 31 million while turnover reached 131 million Euros. For this year BITKOM …
High-profile conference on RFID taking place in Berlin 25. May 2007 by Thomas Jannot There is a conference with the motto of „RFID: Towards the Internet of Things» which will take place in Berlin on June 25th and 26th. This conference is organized by the Federal Ministry for Economic Affairs (BMWi) in co-operation with the Federal Ministry for Education and the European Commission. Not only is the new »Radio …
OECD says Germany has strongest growth of all G7 countries 25. May 2007 by Thomas Jannot In its economic outlook published yesterday the Organization for Economic Co-operation and Development (OECD) forecast the global economic upward trend to continue. As regards Germany the OECD has markedly increased its growth forecast expecting economic growth of 2.8% this year (adjusted for calendar: 2.9%) and 2.5% for next year (adjusted: 2.2%).
German company leaders overaged 25. May 2007 by Thomas Jannot Hoppenstedt which is a provider of business information has revealed some alarming facts after scanning their data bases on managers. Thus, 4500 German family-owned companies are currently in need of a new manager given that their current managers are 65 years of age or older. From a mathematical point of view this means that 10% …
E-business increasingly popular in SMEs 25. May 2007 by Thomas Jannot Small and medium-sized entities (SMEs) are under strong innovation pressure. Thus, 24% of company owners believe that in the coming two years their businesses will be faced with far-reaching changes, while another 43% consider these changes to be of medium extent. For this reason, for more than one in four companies (27%) the modernization of …