Germany

Trade Balance
€14.5 B
GDP q/q
0.3%
CPI y/y
2.6%
Current Account n.s.a.
€10.4 B
Unemployment Rate
6.4%
Overview Economic Calendar
2-Year Note Auction
2.77%
10-Year Bond Auction
3.13%
Import Price Index m/m
1.2%
Forecast
1.8%
Export Price Index m/m
0.8%
Forecast
0.1%
Wholesale Price Index m/m
-0.6%
Forecast
0.8%
Last
Reference
Previous
Frequency
PPI m/m
1.2%
Apr 2026
Monthly
PPI y/y
1.7%
Apr 2026
Monthly
CPI m/m
-0.2%
May 2026
Monthly
CPI y/y
2.6%
May 2026
Monthly
HICP m/m
-0.1%
May 2026
Monthly
HICP y/y
2.7%
May 2026
Monthly
Unemployment Change
6 K
Forecast
-5 K
Unemployment Rate
6.4%
Forecast
6.2%
Unemployment n.s.a.
3.007 M
Forecast
2.973 M
Last
Reference
Previous
Frequency
Unemployment
2.993 M
Jul 2026
Monthly
GDP q/q
0.3%
Forecast
0.3%
Exports m/m
0.9%
Forecast
0.7%
Imports m/m
1.2%
Forecast
-1.1%
Trade Balance
€14.5 B
Forecast
€16.0 B
Last
Reference
Previous
Frequency
Current Account n.s.a.
€10.4 B
May 2026
Monthly
Trade Balance n.s.a.
€14.2 B
Apr 2026
Monthly
Industrial Production m/m
0.4%
Forecast
-1.8%
Factory Orders m/m
-3.8%
Forecast
0.1%
Ifo Business Expectations
84.1
Forecast
93.0
Last
Reference
Previous
Frequency
Ifo Current Business Situation
87.0
Jun 2026
Monthly
Ifo Business Climate
85.6
Jun 2026
Monthly
ZEW Economic Sentiment Indicator
59.6
Jan 2026
Monthly
ZEW Economic Situation
-72.7
Jan 2026
Monthly
New Car Registrations m/m
23.8%
Jun 2026
Monthly
New Car Registrations y/y
15.7%
Jun 2026
Monthly
S&P Global Manufacturing PMI
52.2
Jul 2026
Monthly
S&P Global Services PMI
49.6
Jul 2026
Monthly
S&P Global Composite PMI
51.2
Jul 2026
Monthly
S&P Global Construction PMI
44.8
Jun 2026
Monthly
Retail Sales m/m
-0.3%
Forecast
0.4%
GfK Consumer Climate
N/D
Forecast
-35.0