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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 quarter of this year, after stagnating in the previous quarter. However, with the vaccination campaign progressing, the economic burden of the pandemic will ease and the recovery...
Persistent link: https://www.econbiz.de/10012590164
The German economy navigates troubled waters. The catch-up process in the contact-intensive service industries is continuing at a fast pace and companies in the manufacturing sector are sitting on wellfilled order books. However, high inflation is reducing the purchasing power of disposable...
Persistent link: https://www.econbiz.de/10013272056
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
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
Persistent link: https://www.econbiz.de/10012289553
The German economy is only gradually regaining momentum after the Covid-19-related slump. Although production bottomed out in April and should quickly make up some of the losses with the easing of the lockdown beginning in May, full recovery from the crisis will take some time. One reason is...
Persistent link: https://www.econbiz.de/10012252779