German industrial output climbs on growing economy outlook

Note: This section contains information in English only.
Source: Bloomberg
Industrial output in Germany climbed for a four straight month in December, bolstering the view that the nation's economic recovery is gaining momentum. Output rose to a seasonally adjusted annual rate of 0.1%, after it was revised to a 0.1% advance in November. Meanwhile, manufacturing output climbed 0.5% in December.
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Mon, 09 Feb 2015 15:15:04 GMT

German current accout surplus hits record high

The current account surplus of the largest Euro zone country hit a record high in 2014. The figure came in at 215.3 billion euros for 2014 compared to 189.2 billion euros in 2013, according to the Federal Statistics Office. The foreign trade balance showed a surplus of 217 billion euros in 2014.

Sun, 08 Feb 2015 23:38:04 GMT

European stocks fall from highest level in seven years after a four-day gain

European stocks dropped from the highest level in seven year, erasing a weekly advance. The Stoxx Europe 600 Index lost 0.3% to 371.51 as of 10:44 a.m. London time, cutting its 1.2% weekly gain. Greece's ASE Index slid 0.1%, paring its highest weekly advance since June 2012, while Germany's DAX Index retreated 0.6% on nation's industrial output data.

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