The most important events and reports on the economy, central banks, politics from the program of Dow Jones Newswires
IAB labor market barometer increases to 100 points in July
The early indicator of the Institute for Labor Market and Vocational Research (IAB) again reached the neutral brand of 100 points in July with the fourth increase in a row. “After the cloudy spring, the pessimism of the employment agencies is heavily sewing,” said Enzo Weber, head of the IAB research area. In July, the IAB work market barometer rose by 0.7 points to the neutral brand of exactly 100 points compared to the previous month.
Ifo employment barometer increases slightly in July
The IFO employment barometer rose slightly in July to 94.0 points from 93.7 in June. “We are still significantly removed from an upswing on the job market,” said Klaus Wohlrabe, head of IFO surveys. “The companies remain careful and still break down more jobs than to create new ones.”
Per head debt in Germany was 30,062 euros in 2024
The overall public budget (federal government, state, municipalities and municipalities as well as social insurance including all extra -holders) was in debt at the end of 2024 with 2,510.5 billion euros. As the Federal Statistical Office (Destatis) announced, this corresponds to per capita debt in Germany of 30,062 euros. That was 669 euros more than in late 2023.
Spain’s economy grows by 0.7 percent in the second quarter
The Spanish economy slightly won the second quarter of 2025. This is a sign of resilience for an economy of Euro zonethat is faced with higher US tariffs. The fourth largest economy of the euro zone grew by 0.7 percent compared to the previous quarter, as the statistics authority announced in an initial estimate. In the first quarter, the gross domestic product (GDP) grown by 0.6 percent.
ECB: Inflation expectations of consumers decrease something
The inflation expectations of consumers in the euro area decreased slightly in June. As can be seen from the latest consumer survey by the European Central Bank (ECB), consumers expected that consumer prices will increase by 2.6 (May: 2.8) in the next twelve months. Over three years, they saw inflation unchanged at 2.4 percent and continued to be 2.1 percent over five years.
ECB introduces the climate assessment discount for certain repo security
The European Central Bank (ECB) wants to better protect itself against the loss of value determined by banks by introducing repar security by introducing a climate assessment discount. “The value of collateral of counterparties in the refinancing transactions of the Eurosystem is susceptible to uncertainties in connection with climate change,” says a message from the ECB. Since the refinancing transactions of the Eurosystem are a key instrument to maintain price stability, the ECB council decided to introduce a “climate factor”.
Customs redeems EUROM -BIP by 0.5 percent – ECB remains at 2.00 percent
Customs cleaning between the United States and the EU will reduce gross domestic product (GDP) of the euro area by the current status of Deutsche Bank by 0.5 percent. The burden is therefore only marginally higher than the 0.4 percent that the bank had calculated in the event of a 10 percent universal customs. An important reason for this is that the US impairment will decrease from 25 to 15 percent, as the analysts write in an analysis.
Experts: famine spreads out in the Gaza strip
According to a group of global experts in nutritional uncertainty, the Gaza strip is in a famine – the darkest assessment of the tightening hunger crisis in the area since the beginning of the war. “The worst-case scenario of a famine is currently playing in the Gaza Strip,” says a report by the Integrated Food Security Phase Classification (IPC), an initiative that is supported by the United Nations and Great Aid Organizations.
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Belgium GDP 2Q +0.2% GG VQ; +1.0% GG VJ
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(End) Dow Jones Newswires
July 29, 2025 07:30 ET (11:30 GMT)