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The global economy continued to recover in the winter semester, despite the number of new infections with the coronavirus rising sharply and containment measures tightened again in many countries. Industrial production and world trade have already fully catched up with activity levels before the...
Persistent link: https://www.econbiz.de/10012590089
Wholesale prices for gas and electricity have fallen significantly in recent months - even though they are still at a high level. In addition, the burdens on private households and companies caused by high energy costs are to be cushioned by so-called price brakes. Overall, inflation in 2023...
Persistent link: https://www.econbiz.de/10013539194
Global growth has decelerated over the course of the year under the impact of high energy prices and great uncertainty. Monetary policy, which is being tightened very quickly in view of high inflationary pressure across the board, is now also putting a drag on economic activity. Overall,...
Persistent link: https://www.econbiz.de/10013539196
As a result of the Covid-19 pandemic, global economic activity is expected to have fallen by almost 10 percent in the first half of 2020. However, the low point seems to have been passed in the meantime, and in China the economy has even already made up a considerable part of the production...
Persistent link: https://www.econbiz.de/10012252781
United States, but also in the euro zone, are fuelling economic activity this year and next. We expect global output …
Persistent link: https://www.econbiz.de/10012589962
The global economy continues to expand at a moderate pace. The somewhat faster pace in the spring appears to have slowed again in the summer. In the United States, the economy is gradually losing momentum. At the same time, economic momentum in Europe remains low and a sustained economic...
Persistent link: https://www.econbiz.de/10015329298
The German economy is picking up speed again. After the resurgence of the Covid-19 pandemic had interrupted the economic recovery in the winter half-year, GDP will expand at a fast pace in the further course of the year and exceed its pre-crisis level again. With the removal of the...
Persistent link: https://www.econbiz.de/10012589974
The strong economic upswing in Germany has taken a break. For the current year, we revise our GDP growth forecast down by 0.5 percentage points to 2.0 percent. However, the slowdown in economic activity at the beginning of the year is mainly due to temporary factors. We therefore expect growth...
Persistent link: https://www.econbiz.de/10012060563
The German economy is stuck in stagnation. There are no signs of a significant economic recovery. Instead, there are increasing signs that the economic weakness is primarily structural rather than cyclical, which means there is little room for improvement in economic activity in the short term....
Persistent link: https://www.econbiz.de/10015329300
The German economy is once again facing strong headwinds. The war in Ukraine is leading to a surge in commodity prices, additional supply bottlenecks and dwindling sales opportunities. These factors are hitting the economy in a phase in which the dampening effects of the pandemic are fading out...
Persistent link: https://www.econbiz.de/10013272065