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The German economy continues to recover, and will grow by 2.2 percent in 2015 and by 1.9 percent in 2016. The unemployment rate will further decline, to 6.4 percent this year and 6.1percent in 2016. Inflation, which averages 0.5 percent this year, will be substantially dampened by the slump in...
Persistent link: https://www.econbiz.de/10011204434
Natural gas is a significant contributor to European energy supply. Hence, the political crisis between Russia and Ukraine increases fears of the consequences of Russia suspending natural gas supplies to Ukraine and the European Union. The last time this had occurred was in the winter of 2009...
Persistent link: https://www.econbiz.de/10010896090
Global economic growth remains subdued. Leaving our forecast for this year unchanged, the pace of growth is expected to stand at 3.2 percent in 2016 and to increase somewhat over the following two years. In the advanced economies, the main growth driver will continue to be private consumption,...
Persistent link: https://www.econbiz.de/10011536373
The world economy is gaining momentum after sluggish growth in the first half 2016 - which was primarily due to a weak expansion in the emerging markets - gave way to a slight acceleration. This trend is likely to continue, and will increasingly benefit the developed economies as well. The...
Persistent link: https://www.econbiz.de/10011575762
The world economy continues on its upward growth path, with global production expected to grow by 3.7 percent this year and slightly more than that in 2018. The economies in both the developed and the emerging countries are gaining momentum. Solid output growth is expected for the U.S. and euro...
Persistent link: https://www.econbiz.de/10011638236
Persistent link: https://www.econbiz.de/10011638237
The German economy is continuing on an upward trend. Due to surprisingly weak production at the start of this year, GDP is likely to increase by 1.8 percent and is therefore growing somewhat slower this year than previously predicted. Growth of 1.9 percent is still expected for the coming year....
Persistent link: https://www.econbiz.de/10011288341
The transport sector - road transport, in particular - accounts for more than half of world oil consumption. In the future, the transport sector's share of oil consumption will grow even more, primarily due to the increasing use of motor vehicles in developing and emerging countries. Road...
Persistent link: https://www.econbiz.de/10011319161
The German economy is on track, and will likely grow by 1.8 percent this year; in the coming year, with a slight increase in dynamics, it will grow by 1.9 percent. With these figures DIW Berlin confirms its forecast from this summer. Employment growth continues; the unemployment rate will...
Persistent link: https://www.econbiz.de/10011341102
The German economy is expected to grow by 1.7 percent this year, and to maintain this pace in 2016 as well. The rate of growth should slow down slightly (to 1.5 percent) in 2017, but only because the number of working days will be lower due to the timing of public holidays. The global economy is...
Persistent link: https://www.econbiz.de/10011416893