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The German economy is stuck in a difficult position as it faces both slow growth as well as structural change. The continuing lack of orders in manufacturing, increasing international competition, and sluggish development in industry-related services are now affecting the labor market and...
Persistent link: https://www.econbiz.de/10015196799
The German economy will likely contract in the first quarter of 2024 due to still heightened inflation and weak demand, which was already weighing on German economic output in 2023. Inflation, which is falling in both Germany and the euro area overall, is expected to return close to the European...
Persistent link: https://www.econbiz.de/10014518211
The German economy began recovering at the beginning of 2024 and has developed better than initially expected. A sharp rise in construction investment, albeit more of a flash in the pan as a result of mild winter weather, along with strong goods exports helped the economy onto its recovery path...
Persistent link: https://www.econbiz.de/10014635103
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/10010500463
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 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
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
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
Global economic output is expected to grow by 3.7 percent this year, and with a slightly stronger dynamic in the coming year; both predictions match the figures proposed in DIW Berlin's spring forecast, even though the year started off somewhat weaker than expected. But overall, economic...
Persistent link: https://www.econbiz.de/10011666025