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The recovery of the German economy is interrupted once again. In the winter, the new Covid-19 wave will particularly hit activity in contact-intensive service sectors as in previous waves. As a result, there will be a setback in private consumer spending and probably also small declines in GDP....
Persistent link: https://www.econbiz.de/10012805894
The recovery of the German economy needs more time. Ongoing precautionary measures to protect against infection as well as the supply bottlenecks will slow down the catch-up process in the winter. Especially in those service sector that have been particularly affected by the pandemic the...
Persistent link: https://www.econbiz.de/10012658780
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 second wave of the Covid-19 pandemic has interrupted the recovery in Germany. GDP is set to decline in the first …
Persistent link: https://www.econbiz.de/10012590164
Germany. Next year, inflation will probably remain high with 4.2 percent. The recovery in employment continues. Effective …
Persistent link: https://www.econbiz.de/10013272056
reunified Germany. Even if commodity prices stop rising and supply bottlenecks gradually ease, inflation is still likely to be …
Persistent link: https://www.econbiz.de/10013272065
German GDP is expected to increase by 1.8 percent (2015), 2.1 percent (2016), and 2.3 percent (2017). Economic activity is driven by consumer spending that increases in the upcoming years by about 2 percent per year due to strong increases in real disposable income.
Persistent link: https://www.econbiz.de/10012063530
by the Covid-19 pandemic than Germany, so that exports are only gradually picking up again. Moreover, companies will …
Persistent link: https://www.econbiz.de/10012252779
The German economy is facing strong headwinds. In recent months, economic momentum has continued to slow down and companies are much more pessimistic about the future. The high level of global economic policy uncertainty likely was an important contributing factor. Gross domestic product (GDP)...
Persistent link: https://www.econbiz.de/10012060482
The German economy has shifted down a gear. After still very high economic momentum in Germany until the middle of last …
Persistent link: https://www.econbiz.de/10012060484