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Economics Gazette

Economy and Business news

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October 19, 2017

Archives for January 2017

China trade

China is largest trading partner of Germany in 2016

China became the largest trading partner of Germany in 2016. The data of Commerce and Industry of Germany evaluated the overall volumes last year’s export-import operations. The total foreign trade volume between China and Germany reached about 145.3 billion USD in 2016, representing an increase of 2.6% from the previous year. The USA lost the

US economy

US economic growth slowed in Q4 2016

The US economic growth slowed more than expected in the last quarter of 2016. The trade has its biggest pressure on increase in six years, and consumer spending are more moderate. The business investment is accelerating and this could be a harbinger of faster expansion in 2017. The gross domestic product grew by 1.9% yoy

Germn business

Business confidence in Germany declined unexpectedly in January

Business confidence in Germany declined unexpectedly in January, reaching its lowest level since September 2016, according to the results of the Munich Institute for Economic Research (Ifo). The data signal that companies are less optimistic about the outlook for the largest economy in Europe. The index of the Institute dropped from 111 points in December

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