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In the third quarter of 2020, the global economy rebounded strongly from the steep fall in output suffered in the first half of the year amid the covid-19 pandemic. Currently, the recovery is being slowed down by another wave of infections and policy measures to contain it, but on aggregate...
Persistent link: https://www.econbiz.de/10012392680
The world economy contracted by close to 10 percent in the first half of 2020 as the COVID-10 pandemic unfolded. After a 3 percent drop in activity in the first quarter, global output contacted by some 7 percent as governments around the world implemented measures to contain the virus and...
Persistent link: https://www.econbiz.de/10012302343
In the second quarter of 2017, global output has reaccelerated after a somewhat muted start into the year. For the first time in a number of years, there is substantial economic momentum in almost all major economies at the same time. We expect world GDP growth on a PPP basis to rise to 3.7...
Persistent link: https://www.econbiz.de/10012060692
Omicron variant of the coronavirus will have on output remains uncertain at this stage. Over the next few months, we expect …
Persistent link: https://www.econbiz.de/10012805890
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
.2 percentage points for 2024. For 2025, we expect the global economy to pick up to a growth rate of 3.2 percent. Unemployment in …
Persistent link: https://www.econbiz.de/10014448411
The global economy remained on track in the first months of 2021, despite surging covid-19 infections and renewed containment measures in many countries. The impact of the pandemic was largely confined to the service sectors. Meanwhile, the pronounced upturn in industrial production and global...
Persistent link: https://www.econbiz.de/10012589962
coronavirus rising sharply and containment measures tightened again in many countries. Industrial production and world trade have …
Persistent link: https://www.econbiz.de/10012590089
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