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In spite of persisting unfavorable external economic conditions, the German economy's upward trend continues, with a growth of 1.2 percent expected for the coming year - slightly less than the 1.8 percent growth rate of 2016, a difference primarily due to the fact that 2017 has fewer workdays. A...
Persistent link: https://www.econbiz.de/10011575761
The German economy's upward growth trend continues, with the economic output expected to increase by 1.4 percent this year with slightly overloaded capacities. Employment growth remains strong with the creation of 600,000 new jobs, which has in turn led to an increase in private consumption -...
Persistent link: https://www.econbiz.de/10011638235
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The German economy is in the midst of a robust economic cycle: the number of employed persons has reached historic highs and is still increasing powerfully; private household income is on the rise; and the public coffers are overflowing. Inflation is rising only gradually, partly because...
Persistent link: https://www.econbiz.de/10011666024
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The global economy is stalling. Global production increased by only 3.3 percent last year-the lowest growth rate since the financial crisis-and is expected to rise by only 3.3 percent in 2016 as well, which is lower than originally predicted. The reason for the sluggish growth lies primarily in...
Persistent link: https://www.econbiz.de/10011443431
Supported by dynamic domestic demand, the German economy is expected to grow by 1.7 percent this year. As consumption and investment in construction are likely to weaken in the coming year, is hardly contributing to growth 2017 should amount to roughly 1.4 percent. Foreign trade is contributing...
Persistent link: https://www.econbiz.de/10011491957
The world economy has yet to regain momentum: after the already weak final quarter of 2015, the pace of expansion slowed down again in the first quarter of 2016. In the emerging countries' economies, growth is expected to remain subdued, especially in China, where the gradual slowdown continues...
Persistent link: https://www.econbiz.de/10011491958
The German economy is on track for continued growth. Due to the unexpectedly robust first six months of 2017, the German Institute for Economic Research is raising its forecast for GDP growth to 1.9 percent for the current year. This year and arguably for the coming two years, the country's...
Persistent link: https://www.econbiz.de/10011723169
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