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Germany's Wholesale Prices Take a Shocking Plunge and Unexpected Surge

Germany, Europe's largest economy, finds itself in the throes of a challenging economic climate as the summer of 2023 progresses.

Germany , German , Stefan-genth , Statistics-office , German-retail-federation , Wholesale-prices-take , Shocking-plunge , Unexpected-surge , Financial-world , Federal-statistics-office , Sharp-dive , Inflation-impact

German wholesale prices register sharpest drop in 3 years: Destatis-Xinhua

German wholesale prices register sharpest drop in 3 years: Destatis-Xinhua
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Berlin , Germany , German , Stefan-genth , Statistical-office-destatis , Ministry-for-economic-affairs , German-retail-federation , Xinhua , Federal-statistical-office , Executive-officer , Economic-affairs , Climate-action

German wholesale prices register sharpest drop in 3 years: Destatis

German wholesale prices register sharpest drop in 3 years: Destatis
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Germany , Berlin , German , Stefan-genth , Ministry-for-economic-affairs , Statistical-office-destatis , German-retail-federation , Xinhua , Federal-statistical-office , Executive-officer , Economic-affairs , Climate-action

German retailers face 4% slump in sales in real terms in 2023 - HDE

BERLIN (Reuters) - German retailers expect to bring in 4% less sales income this year than last in real terms as inflation remains stubborn, the HDE retail association said on Tuesday, revising its forecasts down from a 3% drop.

Germany , Germans , German , Stefan-genth , Maria-martinez , Philippa-fletcher , Friederike-heine , Rachel-more ,

German Retail Sales Seen Falling More Than Expected in 2023 as Inflation Bites

By Andreas Kissler and Ed Frankl German retail sales are expected to fall more than previously expected in 2023, according to the German retail federation...

Germany , Berlin , German , Stefan-genth , Ed-frankl , Andreas-kissler , Director-stefan-genth , Article-normal , Retail-wholesale , Retail , Financial-performance

German Retailers Face 4% Slump In Sales In Real Terms In 2023: HDE

German retailers expect to bring in 4% less sales income this year than last in real terms as inflation remains stubborn, the HDE said.

Germany , Germans , German , Stefan-genth ,

Significant loss of real wages: Employee representatives protest against minimum wage recommendation

The general statutory minimum wage in Germany is to be raised from 1.2024 to 12.00 euros on 12 January 41. The proposal was presented by the responsible Minimum Wage Commission on Monday in Berlin. This time, however, the recommendation was not made by consensus. The employee representatives in the Commission are opposed to what they consider to be too little increase and, according to their own statements, have been outvoted. The decision comes at a time of weak economic growth and persistently high inflation in Germany.

Germany , Berlin , German , Hubertus-heil , Michael-kappeler , Stefan-genth , German-trade-union-confederation , Wage-commission-sch , Statistical-office , German-retail-association , Wage-commission-on , Wage-commission

Retail: shopping streets in crisis: the shops are dying

Retail: shopping streets in crisis: the shops are dying
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Berlin , Germany , Heilbronn , Baden-wüberg , German , Rolf-pangels , Gerry-weber , Boris-hedde , Stefan-genth , German-retail-association , Footwear-leather-goods-trade-association , Galeria-karstadt-kaufhof-department

Easter To Generate Retail Sales Worth €2.2bn In Germany, HDE Says

Retail sales for Easter is expected to amount to €2.2 billion this year, with more than 40% of shoppers planning to spend on special goods for the occasion.

Ukraine , Russia , Germany , Russian , German , Stefan-genth , German-retail-association , Nearly-all-toy , Most-valuable-brands-in-germany-revealed , Easter ,

Germany ahead of warning strike day: employers attack unions

Ahead of a major day of warning strikes in public transport in Germany, Germany's employers are accusing the unions of acting excessively. Those who act in this way act disproportionately and endanger... | March 24, 2023

Germany , Barig , Hessen , Berlin , Munich , Bayern , France , German , Karin-welge , Stefan-genth , Thorsten-schulten , Martin-burkert