Whole sale trade turnover slightly down 1. April 2008 by Thomas Jannot The German whole sale trade business generated turnover in February this year which was 12.5% (in nominal figures) and 7.5% (in real figures) higher than in February 2007. In comparison with January 2008, however, it fell by 0.9% (in nominal terms) and by 1.1% in real terms. This and the following was revealed through preliminary …
Inflation rate in Eurozone increased by 3.5% 1. April 2008 by Thomas Jannot The annual inflation rate registered in the Eurozone (EZ15) in March 2008 is expected by the European Statistical Office (Eurostat) to amount to 3.5% following an increase by 3.3% when comparing February this year with February in 2007. Thus, inflation in the Eurozone is growing less rapidly than in Germany, but is still above the …
Image of German car brands very good within Germany 1. April 2008 by Thomas Jannot The image of German car manufacturers on the German market in comparison with international competitors is very good: four German car manufacturers (Porsche, Audi, BMW and Mercedes) are on top of the current BrandIndex ranking compiled by the psychonomics market research institute as far as the “quality” category is concerned. VW is also among the …
Turkey promotes German investment 31. March 2008 by Thomas Jannot A new contact for German companies planning investments in Turkey has been working since the beginning of 2008. The German office of the “Investment Support and Promotion Agency of Turkey” (ISPAT) is directly subordinate to the Turkish Prime Minister. The representative of German businesses in Turkey is Mr. Michael Maasmeier, an entrepreneur from Cologne and …
Consumer prices increased by 3.1 percent 31. March 2008 by Thomas Jannot According to provisional calculations by the Federal Statistical Office, consumer prices in Germany increased by 3.1% in March this year as compared to March 2007. Thus, the annual increase in consumer prices is even steeper than in February (+2.8%). The month-to-month increase from February to March this year amounted to +0.5%.
Financial crisis reduces liquidity of German businesses 28. March 2008 by Thomas Jannot The crisis on global financial markets is now also impairing the liquidity of German companies. In contrast to the development in recent years, this year the number of insolvencies is just slightly decreasing. According to the German association of collection agencies (BDIU), the number of insolvencies is expected to fall to 28.500 in the year …
Turnover in the service sector further increased 28. March 2008 by Thomas Jannot The fourth quarter 2007 was a good one for the service sector. According to provisional estimates by the Federal Statistical Office, turnover increased by 6.2% in nominal figures as compared to the same quarter in the year 2006. In comparison with the third quarter last year, turnover increased by 2.9% after adjustments for calendar and …
Orders received by industry in Eurozone increase by 2 percent 27. March 2008 by Thomas Jannot According to the European Statistical Office (Eurostat), the number of orders received by industry in the Eurozone (EZ15) increased by 2.0% in January 2008 as compared to December last year. With regard to the EU27, here the order volume decreased by 1.0% on the previous month in January 2008.
SMEs want to strengthen controlling 26. March 2008 by Thomas Jannot A study called “Vertriebsorientiertes Erfolgsmanagement” carried out by the German Association for Information Management, Telecommunications and New Media (BITKOM) revealed that small and medium-sized entities (SMEs) from the field of information technology and telecommunications have to catch up the most with regard to sales controlling. According to the findings of this study, 78% of SMEs …
Much more orders received by the building industry in January 26. March 2008 by Thomas Jannot January was a good month for the construction industry (companies employing at least 20 people). There were 10.7% more orders in January this year than in January last year. In structural engineering orders increased by 13.5% and in civil engineering by 7.4%. These figures were officially communicated by the Federal Statistical Office yesterday.