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The English News

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  • UK
    • British Intelligence Confirms Russian Attacks on Azovstal

      British Intelligence Confirms Russian Attacks on Azovstal

      6th May 2022
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    • BBC: Johnson to Apologise to Parliament Over Fine

      BBC: Johnson to Apologise to Parliament Over Fine

      19th April 2022
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    • London Underground on Strike After Collective Bargaining Failure

      London Underground on Strike After Collective Bargaining Failure

      1st March 2022
      0
    • BBC: Johnson to Apologise to Parliament Over Fine

      UK Opposition Leader Accuses Prime Minister of Spreading Conspiracy Theory

      10th February 2022
      0
    • British Government Wants to Speed Up European Union Laws

      British Government Wants to Speed Up European Union Laws

      31st January 2022
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    • British Government Wants to Speed Up European Union Laws

      There were Also Parties in Boris Johnson's Official Residence on the Eve ...

      14th January 2022
      0
    • Cuddling Animals and Cleaning the House: British Energy Supplier Through the Dust After Tips to Keep Warm

      Cuddling Animals and Cleaning the House: British Energy Supplier Through the Dust ...

      11th January 2022
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    • British Conservatives Rebel Over Prime Minister Johnson's Corona Plans

      British Conservatives Rebel Over Prime Minister Johnson's Corona Plans

      14th December 2021
      0
    • Paris Wants EU to File Lawsuit Against London Over Fishing

      Paris Wants EU to File Lawsuit Against London Over Fishing

      10th December 2021
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  • US
    • Elon Musk Sells Shares in SpaceX to Pay for Twitter Deal

      Elon Musk Sells Shares in SpaceX to Pay for Twitter Deal

      17th May 2022
      0
    • Elon Musk Threatened by Head of Russian Space Agency: If I Die Under Mysterious Circumstances...

      Elon Musk Threatened by Head of Russian Space Agency: If I Die ...

      9th May 2022
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    • Lloyd Austin: Ukraine Resistance Inspires Free World

      Lloyd Austin: Ukraine Resistance Inspires Free World

      26th April 2022
      0
    • American Woman Accidentally Wins Millions

      American Woman Accidentally Wins Millions

      12th April 2022
      0
    • Russian Ambassador: US Sanctions Hit Ordinary Russian

      Russian Ambassador: US Sanctions Hit Ordinary Russian

      7th April 2022
      0
    • Biden Meets Parents of Ex-Marine Locked Up in Russia

      Biden Meets Parents of Ex-Marine Locked Up in Russia

      31st March 2022
      0
    • Ukrainian President Addresses US Parliament

      Ukrainian President Addresses US Parliament

      16th March 2022
      0
    • US House Approves $13.6 Billion for Ukraine

      US House Approves $13.6 Billion for Ukraine

      10th March 2022
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    • President Maduro: Venezuela Continues to Talk with US

      President Maduro: Venezuela Continues to Talk with US

      8th March 2022
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  • Europe
    • Von der Leyen Calls Russia Greatest Threat to World Order

      Von der Leyen Calls Russia Greatest Threat to World Order

      12th May 2022
      0
    • NATO chief: Finland and Sweden can Join Quickly and Safely

      NATO chief: Finland and Sweden can Join Quickly and Safely

      28th April 2022
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    • Von der Leyen Calls Russia Greatest Threat to World Order

      Von der Leyen: EU Stands in Solidarity with Poland and Bulgaria Against ...

      27th April 2022
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    • Macron and Le Pen Advance to Second Round of French Presidential Elections

      Macron and Le Pen Advance to Second Round of French Presidential Elections

      11th April 2022
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    • Denmark Expels 15 Russian Spies

      Denmark Expels 15 Russian Spies

      5th April 2022
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    • Polish Border Guard Counts More Than 2 Million Refugees from Ukraine

      Polish Border Guard Counts More Than 2 Million Refugees from Ukraine

      18th March 2022
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    • No Evacuation Routes in Ukraine Due to Conflict in the East

      Ukraine Hopes to Open Nine Humanitarian Corridors

      15th March 2022
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    • Ukrainian Resistance Blows Up Tracks for Russian Soldier Train-Two Senior Officers Killed

      Russia Says Ukraine Prepared Attack on Donbas

      9th March 2022
      0
    • Denmark Expels 15 Russian Spies

      EU to Decide on Sanctions Against Russia on Tuesday Afternoon

      22nd February 2022
      0
  • International
    • International Court of Justice Orders Myanmar to Take Measures for Rohingya

      International Court of Justice Orders Myanmar to Take Measures for Rohingya

      23rd January 2020
      0
    • Lebanese Hezbollah Calls for Revenge on the US

      Lebanese Hezbollah Calls for Revenge on the US

      3rd January 2020
      0
    • Greta's father: I Adjusted My Lifestyle, Not for the Climate, but to Save My Daughter

      Greta's father: I Adjusted My Lifestyle, Not for the Climate, but to ...

      30th December 2019
      0
    • Pope Francis Speaks Urbi and Orbi and Calls for Guaranteeing Safety in the Middle East

      Pope Francis Speaks Urbi and Orbi and Calls for Guaranteeing Safety in ...

      25th December 2019
      0
    • Five of Eleven Death Sentences after Journalist Khashoggi Murder

      Five of Eleven Death Sentences after Journalist Khashoggi Murder

      23rd December 2019
      0
    • Indian Rape Victim Who was Set On Fire has Now Died

      Indian Rape Victim Who was Set On Fire has Now Died

      7th December 2019
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    • Barnier

      Brexit Conversations Yielded Nothing

      15th October 2019
      0
    • Juncker Gives Johnson The Last Brexit Plan A Chance

      3rd October 2019
      0
    • Cristiano News

      "Not Messi, But Ronaldo Earned This Prize"

      26th September 2019
      0
  • Technology
    • Netflix Lays Off 150 Employees After Disappointing Figures

      Netflix Lays Off 150 Employees After Disappointing Figures

      18th May 2022
      0
    • Chinese Hackers Target Russian Targets

      Chinese Hackers Target Russian Targets

      4th May 2022
      0
    • Russia Blocks Chess Website for Critical Articles

      Russia Blocks Chess Website for Critical Articles

      25th April 2022
      0
    • Huawei Gives Russian Staff a Month's Leave

      Huawei Gives Russian Staff a Month's Leave

      14th April 2022
      0
    • HP Sees Revenue and Profit Rise

      HP Sees Revenue and Profit Rise

      4th March 2022
      0
    • Netflix Lays Off 150 Employees After Disappointing Figures

      Netflix Star Pleads Guilty to Child Abuse

      11th February 2022
      0
    • Call of Duty will Remain for Sale for PlayStation Even After Acquisition

      Call of Duty will Remain for Sale for PlayStation Even After Acquisition

      26th January 2022
      0
    • EU to Propose Larger Own Chip Production in February

      EU to Propose Larger Own Chip Production in February

      21st January 2022
      0
    • Google and Facebook Receive Millions of Fines for Their Cookies in France

      Google and Facebook Receive Millions of Fines for Their Cookies in France

      6th January 2022
      0
  • Business
    • Netflix Lays Off 150 Employees After Disappointing Figures

      Netflix Lays Off 150 Employees After Disappointing Figures

      18th May 2022
      0
    • Elon Musk Sells Shares in SpaceX to Pay for Twitter Deal

      Elon Musk Sells Shares in SpaceX to Pay for Twitter Deal

      17th May 2022
      0
    • Blockbuster Spider-Man Helps Sony Achieve Record Sales

      Blockbuster Spider-Man Helps Sony Achieve Record Sales

      10th May 2022
      0
    • Von der Leyen Calls Russia Greatest Threat to World Order

      Von der Leyen: EU Stands in Solidarity with Poland and Bulgaria Against ...

      27th April 2022
      0
    • Elon Musk in View of Bonus of No Less Than 23 Billion Dollars

      Elon Musk in View of Bonus of No Less Than 23 Billion ...

      21st April 2022
      0
    • Broad Appeal to IMF for Extra Support for Poorer Countries

      Broad Appeal to IMF for Extra Support for Poorer Countries

      13th April 2022
      0
    • Russian Car Sales Plummet Due to Western Sanctions and Boycott

      Russian Car Sales Plummet Due to Western Sanctions and Boycott

      6th April 2022
      0
    • HP Sees Revenue and Profit Rise

      HP Sees Revenue and Profit Rise

      4th March 2022
      0
    • EU to Propose Larger Own Chip Production in February

      EU to Propose Larger Own Chip Production in February

      21st January 2022
      0
  • Sports
    • Djokovic Cancels Cincinnati Tennis Tournament

      Djokovic Cancels Cincinnati Tennis Tournament

      10th August 2021
      0
    • Japan Extends Corona Emergency Around Tokyo

      Japan Extends Corona Emergency Around Tokyo

      30th July 2021
      0
    • Andy Murray: Olympics can Offer Hope

      Andy Murray: Olympics can Offer Hope

      21st July 2021
      0
    • Czech Volleyball Beach Player Tests Positive in Olympic Games

      Czech Volleyball Beach Player Tests Positive in Olympic Games

      19th July 2021
      0
    • Tokyo Olympic Athletes Village Officially Opens

      Tokyo Olympic Athletes Village Officially Opens

      13th July 2021
      0
    • Japan Extends Corona Emergency Around Tokyo

      Advice From Japanese Doctors: Do Not Allow Spectators During Games

      18th June 2021
      0
    • Nadal Back in Second Place in the World Ranking After Tournament Win

      Nadal Back in Second Place in the World Ranking After Tournament Win

      26th April 2021
      0
    • Basketball Players LA Lakers Second Defeat in NBA

      Basketball Players LA Lakers Second Defeat in NBA

      29th December 2020
      0
    • Basketball Players LA Lakers Second Defeat in NBA

      Los Angeles Lakers Win NBA Title

      12th October 2020
      0
  • Travel
    • Top 6 Campsites in Canada

      Top 6 Campsites in Canada

      18th December 2018
      0
    • Alberta-Canada

      10 Most Photogenic Places On Earth

      3rd May 2018
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    • HuaShanChina

      Hua Shan Trail In China

      1st May 2018
      0
    • Holiday

      5 Most Popular Holiday Destinations

      29th April 2018
      0
    • Khao Yai Travel

      Khao Yai- Heaven on Earth

      22nd April 2018
      0
    • Job in Australia

      10 Steps to Get A Job in Australia

      22nd April 2018
      0
    • Summer Camps

      How to Enjoy a Great Time at Summer Camps?

      21st April 2018
      0
    • Perfect Lads Holidays

      4 Tips for Planning the Perfect Lads Holidays

      20th April 2018
      0
  • Ukrainian Resistance Blows Up Tracks for Russian Soldier Train-Two Senior Officers Killed

  • Netflix Lays Off 150 Employees After Disappointing Figures

  • Elon Musk Sells Shares in SpaceX to Pay for Twitter Deal

  • Commercial Flight from Capital Yemen for the First Time in Six Years

  • Von der Leyen Calls Russia Greatest Threat to World Order

BusinessGermanyNews
Home›Business›German Economy Benefits from Consumer Buying Appetite

German Economy Benefits from Consumer Buying Appetite

By James Anderson
24th August 2021
101
0
Share:
Prices for German Products Rose Faster Than Expected

The German economy grew slightly faster in the second quarter of this year than originally estimated. The recovery in Europe’s largest economy was fueled, among other things, by increased consumer and government spending, aided by the easing of corona measures.

Gross domestic product (GDP) rose 1.6 percent from the previous quarter, the German Federal Statistics Office announced. In an earlier estimate, a growth of 1.5 percent was reported. According to experts, the new estimate confirms that the recovery of the German economy is continuing. However, the recovery is weaker than in many other eurozone countries. This is probably because the industry suffered from supply chain problems.

According to ING economists, these problems pose a greater threat to the economy than Covid-19. “In fact, the economy showed two faces in the second quarter,” ING said. On the one hand, there was strong domestic demand, with private consumption increasing by 3.2 percent quarter on quarter and government spending by 1.8 percent. But, on the other hand, there was slow growth in investment and exports.

The German government also spent significantly more money in the first half of 2021 as a result of the corona pandemic than it came in. As a result, in relation to total economic output, the federal government’s deficit, the federal states, the municipalities, and the social security funds amounted to 4.7 percent in the first six months or more than 80 billion euros. That is the second-highest deficit in the measurement period since German unification in 1990.

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