German industrial production unexpectedly rose for a second month in March in a further sign that Europe’s largest economy is returning to growth.
German payrolls growth will continue this year and unemployment will decline even as economic growth cools, according to Unicredit Group.
Germany is bettering its European rivals in the race to harness Chinese growth as exports to the Asian nation begin to outstrip those to the U.S.
The transfer market says Spain should win the 2010 World Cup, according to UniCredit Group.
German industrial production rose in December, adding to signs that Europe’s largest economy is gathering pace.
The German and French economies slowed less than forecast in the second quarter, fending off a debt crisis that has dragged at least six of their euro-area neighbors into recession.
German business and investor confidence has beaten forecasts every month this year, suggesting the strength of Europe’s largest economy may have been underestimated.
German industrial production unexpectedly rose in July, adding to signs that Europe’s largest economy is weathering the region’s debt crisis.
Manufacturing expanded in India and China in December, indicating Asia’s fastest-growing major economies have so far withstood the fallout from Europe’s sovereign debt crisis.
German investor confidence declined for a third month in July as Europe’s debt crisis threatens to cripple economic growth and banks undergo stress tests to prove their durability.