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The recovery from the Global Financial Crisis was characterized by sluggish output growth and by inflation remaining persistently below the inflation targets of central banks in many advanced economies despite an unprecedented monetary expansion. Ten years after the Global Financial Crisis, GDP...
Persistent link: https://www.econbiz.de/10012022449
The recovery from the Global Financial Crisis was characterized by sluggish output growth and by inflation remaining persistently below the inflation targets of central banks in many advanced economies despite an unprecedented monetary expansion. Ten years after the Global Financial Crisis, GDP...
Persistent link: https://www.econbiz.de/10011976123
The recovery of the German economy is interrupted. The main reasons are the second Covid wave and the shutdown measures that have been implemented since November. Since these measures will, at least to some extent, probably remain in place for some time to come, GDP will decline in the final...
Persistent link: https://www.econbiz.de/10012392659
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
The German economy is recovering from the COVID-19 shock. With the successful containment of the coronavirus, output has quickly rebounded from its trough in April and has made up a good part of the losses within a few months. This strong momentum essentially reflects the normalization of...
Persistent link: https://www.econbiz.de/10012309960
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 year, production stalled noticeably. Temporary stress factors such as the problems of automobile manufacturers with the new WLTP standard and the low water levels in the Rhine...
Persistent link: https://www.econbiz.de/10012060484
The strong economic upswing in Germany has taken a break. For the current year, we revise our GDP growth forecast down by 0.5 percentage points to 2.0 percent. However, the slowdown in economic activity at the beginning of the year is mainly due to temporary factors. We therefore expect growth...
Persistent link: https://www.econbiz.de/10012060563
The air for the economic upswing in Germany is getting thinner. We expect German GDP to grow by 2.5 percent this year and by 2.3 percent in 2019 after an increase of 2.2 percent in 2017. With capacity utilization already above normal levels at the current juncture, our forecast implies that the...
Persistent link: https://www.econbiz.de/10012060677
The German economy is running at full steam. Economic activity has further accelerated in the current year and leading indicators suggest that the rapid pace of expansion will continue in the coming year. We expect gross domestic product (GDP) to grow by 2.3 percent in 2017 (calendar-adjusted:...
Persistent link: https://www.econbiz.de/10012060681