Annual inflation rate in Eurozone at 4.0 percent 19. August 2008 by Thomas Jannot As was already the case in June the annual inflation rate in the Eurozone (EZ15) once more stood at 4.0% in July. In comparison to June 2008, however, prices slightly fell by 0.2%. In the EU27 prices increased even more: the annual inflation rate rose to 4.4% in July 2008. In June the rate was …
Hamburg is German stronghold of business founders 18. August 2008 by Thomas Jannot The city of Hamburg is the place were most potential business founders live in Germany. More than 10% of the inhabitants of Hamburg aged between 18 and 64 years plan to set up their own businesses over the next three years to come. Another 4% of inhabitants already did so over the past three and …
2.7 more jobs in processing industry 18. August 2008 by Thomas Jannot Almost 5.4 million people were employed by companies of the processing industry at the end of June which is a plus of 2.7% or 138.800 employees as compared to June 2007. However, when calculating these figure the Federal Statistical Office only took into account companies employing at least 50 people. Therefore, the real increase in …
German contents increasingly filling the internet 15. August 2008 by Thomas Jannot Almost 15 million Germans put their fotos on the internet and seven million operate their own websites. Almost 17% (12 million Germans) take part in discussion forums. About 2% have their own blogs. All these people make a contribution to the contents of the internet and are therefore part of the “Web 2.0”. This is …
Turnover in the hotel and restaurant industry down by 2.0 percent 15. August 2008 by Thomas Jannot The hotel and restaurant industry in Germany generated 2.0% less turnover in June this year than in June 2007. As compared to May this year turnover fell by 1.9% in real figures and by 2.0% in nominal terms. Over the first six months of 2008 this industry generated a plus of 1.1% in nominal terms …
Market for computer games set to generate 2.3 billions in turnover this year 15. August 2008 by Thomas Jannot The first six months of this year bode very well: the market for computer games generated 1.05 billion Euros in turnover for games consoles and game software which is 20% more than in the first half of 2007 when turnover reached 873 million Euros. This finding was reported by the German Association for Information Management, …
German economy shrank in second quarter 15. August 2008 by Thomas Jannot For the first time in four years the German economy shrank in the second quarter of 2008: after adjustments for price, season and calendar GDP in Germany was down by 0.5% as compared to the first quarter. For a comparison: in the first quarter 2008 GDP had still increased by 1.3%. The last time that …
Founders of high-tech businesses keen on international markets 14. August 2008 by Thomas Jannot It seems that German high-tech start-ups are very keen on conquering international markets. Many of them quickly extend their businesses beyond national borders. Within the first years after their foundation German start-ups already generate 31% of their turnover abroad. Those start-ups which engage in research and development (R&D) for themselves are particularly successful in conquering …
Specialised trade benefits from boom in flat screens 14. August 2008 by Thomas Jannot Germans love watching tv on flat screens which should be as big as possible. From this fact specialized trade businesses may profit a lot. And these urgently need this popularity of flat screens given that prices for tv sets have fallen by about one third over recent years. But due to the fact that consumers …
Still 100.000 vacant positions for apprentices in German handicraft businesses 13. August 2008 by Thomas Jannot There are currently still more than vacant 10.000 positions for apprentices in German handicraft companies. This is the finding of a survey organized by the association of German handicraft businesses (ZDH) among 54 chambers of commerce. The main reason for this is said to be applicants who are not sufficiently prepared, according to the ZDH. …