World, As Seen from the most beautiful islands: Ireland and Cyprus

German economy confidence slightly up, producer prices nearly unchanged

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The confidence of German entrepreneurs in the economy increased in December. This was reported by the Ifo research institute. The confidence index of Ifo was 96.3 against 95 in November. Economists generally calculated at a level of 95.5.

Producer prices in Germany stabilized in November compared to the previous month. The German Federal Statistical Office reported this. Economists expected on average that prices would rise by 0.1 percent. In October, the prices charged by German manufacturers for their products fell by 0.2 percent.

On an annual basis, producer prices fell by 0.7 percent in November, after falling by 0.6 percent a month earlier.


Written by: Patrick O'Brien

Patrick O'Brien is a student who is taking only the first steps in journalism. The main interest is events from the world of macroeconomics and finance.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

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