Material Shortages In German Factories Ease In January : Ifo

RTTNews | 740 วันที่ผ่านมา

(RTTNews) - German manufacturing companies reported an ease in material shortages at the start of the year, but the decline may not be strong enough to cope with the expected winter recession, survey results from the Munich-based ifo Institute showed on Thursday.

In January, 48.4 percent of German manufacturing companies witnessed material shortages compared to 50.7 percent in December.

"Given the mild winter recession that's emerging, we would've liked to see a stronger decline," Klaus Wohlrabe, head of surveys at ifo, said.

Wohlrabe also pointed out that many companies are only slowly managing to work through their high order backlogs.

Among sub sectors, the situation for manufacturers of machinery and equipment and in the automotive industry remained virtually unchanged at the start of the year.

In addition, sourcing raw materials and intermediate products continued to face bottlenecks for three of four companies in these industrial segments.

Material shortages faced in the chemical industry continued to ease in January, as the number of affected firms was just under one-fourth or 25.5 percent, the lowest level since the start of 2021.

The paper industry is experiencing comparatively few effects, with just 13.8 percent reporting problems, while considering food and beverage manufacturers, the figure is just under one-third or 30.7 percent, ifo said.

In the case of the manufacture of basic metals, the figure has dropped to 7.4 percent, which is as low as it was before the shortage crisis began.

แท็ก : EUR

Eurozone Investor Confidence Highest In 7 Months

Euro area investor sentiment strengthened to a seven-month high in February as economic expectations increased dynamically despite tariff threats, results of the monthly survey by the behavioral research institute Sentix showed on Monday. The Sentix investor confidence index climbed to -12.7 in February from -17.7 in January. The reading was the highest since July 2024. The score was forecast to

RTTNews | 1 วันที่ผ่านมา

German Construction Sector Continues To Shrink

Germany's construction sector remained firmly in contraction but the pace of fall softened in January, survey data from S&P Global revealed Thursday. The HCOB construction Purchasing Managers' Index rose to 42.5 in January from 37.8 in December. Although the score was firmly below the neutral 50.0 that separates growth from contraction, the reading was the highest since May 2023.

RTTNews | 6 วันที่ผ่านมา

German Factory Orders Rebound In December

Germany's factory orders rebounded at a much stronger than expected pace in December largely driven by the manufacture of transport equipment. New orders increased 6.9 percent month-on-month in December, reversing a revised 5.2 percent fall in November, Destatis reported Thursday. Orders were forecast to grow only 1.9 percent.

RTTNews | 6 วันที่ผ่านมา

Eurozone Private Sector Expands For First Time In Five Months

Eurozone private sector expanded for the first time in five months in January as factory production showed a slower decline amid a softer growth in services activity, final survey results from S&P Global showed on Wednesday. The HCOB composite output index rose to 50.2 in January, in line with flash estimate, from 49.6 in December.

RTTNews | 6 วันที่ผ่านมา

Spain Unemployment Rises Less Than Forecast

Spain's unemployment increased less than expected in January and also hit the lowest level for the month in 17 years as the economy continued to exhibit robust growth, official data showed on Tuesday. The number of people out of work increased 38,725 in January from the previous month, the labor ministry said.

RTTNews | 8 วันที่ผ่านมา

Eurozone Inflation Rises Modestly In January

Eurozone inflation edged up in January due to the acceleration in energy price growth but the intended easing path of the European Central Bank is unlikely to be influenced by the modest increase. Inflation in the euro area increased to 2.5 percent in January, while it was expected to remain at December's rate of 2.4 percent.

RTTNews | 8 วันที่ผ่านมา

Eurozone Manufacturing Activity Falls At Slowest Pace In 8 Months

The euro area manufacturing sector shrank at a slower pace in January as contractions in output, orders, inventories and purchasing activity slowed, final survey results from S&P Global showed on Monday. The final HCOB manufacturing Purchasing Managers' Index rose to an eight-month high of 46.6 in January from 45.1 in December. The flash reading was 46.1.

RTTNews | 9 วันที่ผ่านมา

German Inflation Unexpectedly Eases In January

Consumer price pressures in Germany slowed unexpected at the start of the year amid a sharp slowdown in food inflation, offering some relief for the European Central Bank that lowered interest rates a day earlier and plan to continue easing to boost the single currency economy that came to a standstill in the final three months of 2024.

RTTNews | 11 วันที่ผ่านมา

EURUSD	1.03566	GBPUSD	1.2443	AUDUSD	0.62891
USDJPY	153.635	USDCAD	1.4297	USDCHF	0.91333