Purchasing prices down in October 3. December 2008 by Thomas Jannot According to the European Statistical purchasing prices in industry fell significantly in October this year as compared to September. In the Eurozone (EZ15) prices fell by 0.8% and in the EU27 by 1.4%. In September this year prices had already decreased by 0.3% and 0.4% respectively. As compared to October 2007 the changes were +6.3% …
Number of incoming orders to German mechanical engineering down by 16 percent 2. December 2008 by Thomas Jannot The current economic crisis has now reached German mechanical engineering. Nevertheless, the German association for mechanical and plant engineering (VDMA) believes that the situation is not hopelessly bad and sees even light at the horizon. Even though the order intake in October 2008 was 16% smaller than in October last year, this drop most of …
Retail trade sales down by 1.5% 2. December 2008 by Thomas Jannot According to provisional figures by the German Statistical Office, the German retail trade generated 1.5% less turnover in real figures in October this year as compared to October 2007. In nominal figures turnover increased by 0.9% over the same period. As compared to September this year turnover generated in October was down by 1.7% and …
Inflation rate in Eurozone at 2.1 percent 1. December 2008 by Thomas Jannot According to preliminary figures provided by the European Statistical Office (Eurostat), prices in the Eurozone (EZ15) increased by 2.1% in November this year as compared to the same month in 2007. In October this year the annual inflation rate had been at 3.2%. Final figures will be available on December 17th. The above preliminary figures …
Germany has got a lot to offer as an industrial location 1. December 2008 by Thomas Jannot According to a new study by Kienbaum called „Wege aus der Standortfalle“ there are quite a lot of reasons for companies to chose Germany as an industrial location. For this study more than 100 top managers from traditional lines of industry such as mechanical and plant engineering, car manufacturing and the chemical and pharmaceutical industry …
Import and export prices dropping in Germany 28. November 2008 by Thomas Jannot The German import price index was up by 2.9% in October 2008 as compared to October last year. This is the smallest increase so far this year. Back in August and September the annual inflation rate for import prices was 9.3% and 7.6%. In the period from September to October this year import prices fell …
Сonsumer prices up by 1.4 % in November 28. November 2008 by Thomas Jannot In November 2008 German consumers had to pay on average 1.4% more for products and services than in November 2007. Thus, the increase in November was much smaller than in October this year (+2.4%). As compared to October 2008 prices fell by on average 0.5%. This smaller inflation rate is a consequence of a drop …
Index of incoming orders to European industry down in September 27. November 2008 by Thomas Jannot The index of incoming orders to the Eurozone (EZ15) fell by 3.9% in September as compared to August and in the EU27 even by 4.6%. In August the respective changes had been -1.5% and -1.7% (we reported over it). Without taking into account ship building, rail vehicle building as well as space and aviation engineering …
About different kinds of financial investors 26. November 2008 by Thomas Jannot A new joint study by the Technical University Munich and the University in Bonn shows that it is not possible to generalize with regard to financial investors. Quite often private equity funds, which are frequently critized, want to provide long-term support to the company they invest in. Therefore, investment by private equity funds is quite …
Germans buy Christmas presents online in order to avoid stress 25. November 2008 by Thomas Jannot One out of seven Germans above the age of 14 want to buy their Christmas presents over the internet. This corresponds to more than 10 million online shoppers. Another 8 million are still pondering such as possibility. These figures were revealed in the course of a joint study by BITKOM and Forsa.