Monday September 28, 2020

German growth as inflation and unemployment fall

By most accounts, the German economy under Chancellor Angela Merkel is doing pretty well.

14th October, 2006

By most accounts, the German economy under Chancellor Angela Merkel is doing pretty well. Latest figures show that inflation fell to 1 per cent in September - a two-and-a-half-year low and half a percentage point below August’s figure.

Also in September, the country’s unemployment count, which breached the politically sensitive five million mark last winter, fell by 134,000 to 4.24 million.

Although the jobless rate is still 10.6 per cent of the population, the...

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