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TRM - 독일경제성장추세_CNN

6자회담 주요 나라인 미국, 일본 등의 경제강대국과 중국처럼 성장중인 국가들이
정치적 주도권과 경제 주도권을 서로 쥐려고 하는 이 시점....특히 아시아에서...

유럽에서의 서서히, 통일이후 경제성장을 지속화하고 있는 독일...
친디아 (China + India)만 주시의 대상이 아닌듯합니다...
이두국가는 단지 한창 경제성장하에 있다는 점에서
우리를 따라잡으러 함으로 계속적으로 도망가야하는 국가들이지만
사실상 대부분의 국제경제는 선진 몇개국의 싸움이듯
독일 및 유럽강대국의 경제상황도 주시할 필요가 있을 것으로 생각됩니다.

German business mood improving

October 25

Frankfurt, Germany (AP) – German business confidence rose slightly in October
following a three-month decline, a closely watched found Wednesday, sending an
encouraging sign about the economy’s prospects.

The Ifo institute’s index, a key indicator for Europe’s biggest economy, rose to 105.3
points from 104.9 in September. That beat the forecast of economists polled by Dow
Jones Newswires, who had predicted a slight drop to 104.5.

The upward move reflected greater optimism among managers about both the current
situation and their outlook for the next six months – an outlook that recently has been
clouded by an increase in value-added tax to 19 from 16 percent that will take effect
in January.

“These survey results indicate that the economic expansion will continue despite the
increase in VAT next year,” Ifo president Hans-Werner Sinn said.

Ifo said that a portion of the index measuring current conditions was at 111.8 points,
up from 111.3 the month before and its highest level since April 1991. A section
measuring future expectations rose to 99.2 from 98.9.

The index’s overall level remains close to the 15-year high of 106.8 that it reached
in June.

“The rebound in the Ifo business climate index reflects the robustness of the current
upswing of German economy … the level of the Ifo business climate still lies well
above its long-term average,” said Alexander Koch, an economist with UniCredit
in Munich.

That, he said, has been fueled by “the prolonged improvement in the assessment
of the current situation across all sectors.”

This month’s improvement in businesses’ six-month outlook was the first in three
months. The VAT rise, which will be accompanied by cutbacks in tax breaks and
is aimed mainly at getting Germany’s budget deficit under control, has cast a pall
over expectations in recent months.

Germany’s leading economic institutes and the government both forecast last week
that the economy will grow by 2.3 percent this year and by 1.4 percent next year
– in both cases, an improvement on last year’s 0.9 percent growth.

The government insists that next year’s expected slowdown in growth will be only
temporary.

The healthy levels of the Ifo index, which is based on responses from about 7,000
managers, has contrasted this year with a steady decline in the ZEW index of investor
confidence.

The survey has dropped for nine months, depressed recently by fears of a slowing
U.S. economy and further interest rate increases by the European Central Bank.

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