Germany

Trade Balance
€14.3 B
GDP q/q
0.3%
CPI y/y
2.9%
Current Account n.s.a.
€22.0 B
Unemployment Rate
6.4%
Overview Economic Calendar
2-Year Note Auction
2.70%
10-Year Bond Auction
3.00%
Import Price Index m/m
3.6%
Forecast
0.6%
Export Price Index m/m
1.1%
Forecast
0.0%
Wholesale Price Index m/m
2.0%
Forecast
1.6%
Last
Reference
Previous
Frequency
PPI m/m
2.5%
Mar 2026
Monthly
PPI y/y
-0.2%
Mar 2026
Monthly
CPI m/m
0.6%
Apr 2026
Monthly
CPI y/y
2.9%
Apr 2026
Monthly
HICP m/m
0.5%
Apr 2026
Monthly
HICP y/y
2.9%
Apr 2026
Monthly
Unemployment Change
20 K
Forecast
7 K
Unemployment Rate
6.4%
Forecast
6.3%
Unemployment n.s.a.
3.008 M
Forecast
2.972 M
Last
Reference
Previous
Frequency
Unemployment
3.006 M
Apr 2026
Monthly
GDP q/q
0.3%
Forecast
0.2%
Exports m/m
0.5%
Forecast
0.1%
Imports m/m
5.1%
Forecast
2.3%
Trade Balance
€14.3 B
Forecast
€18.9 B
Last
Reference
Previous
Frequency
Current Account n.s.a.
€22.0 B
Feb 2026
Monthly
Trade Balance n.s.a.
€19.9 B
Mar 2026
Monthly
Industrial Production m/m
-0.7%
Forecast
0.0%
Factory Orders m/m
5.0%
Forecast
-9.6%
Ifo Business Expectations
89.7
Forecast
90.1
Last
Reference
Previous
Frequency
Ifo Current Business Situation
85.6
Dec 2025
Monthly
Ifo Business Climate
87.6
Dec 2025
Monthly
ZEW Economic Sentiment Indicator
59.6
Jan 2026
Monthly
ZEW Economic Situation
-72.7
Jan 2026
Monthly
New Car Registrations m/m
-15.3%
Apr 2026
Monthly
New Car Registrations y/y
2.7%
Apr 2026
Monthly
S&P Global Manufacturing PMI
51.4
Apr 2026
Monthly
S&P Global Services PMI
46.9
Apr 2026
Monthly
S&P Global Composite PMI
48.4
Apr 2026
Monthly
S&P Global Construction PMI
42.1
Apr 2026
Monthly
Retail Sales m/m
-0.3%
Forecast
-0.3%
GfK Consumer Climate
-33.3
Forecast
-22.5