Between 1995 and 2005, the German economy has experienced a phase of weak economic growth. We analyze whether this weak growth performance can be attributed to the stance of monetary conditions during that period. We show that the real effective exchange rate did have almost no dampening effects...

Between 1995 and 2005, the German economy has experienced a phase of weak economic growth. We analyze whether this weak growth performance can be attributed to the stance of monetary conditions during that period. We show that the real effective exchange rate did have almost no dampening effects...

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....

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...

The German economy is leaving the recession behind. According to leading indicators, GDP will continue to rise following the increase in the first quarter. As the year progresses, real disposable income and exports will stimulate economic activity. In addition, the effects of tighter monetary...

The outlook for the German economy has deteriorated over the last month. Although, the high level of sick leave and supply bottlenecks have noticeably eased, GDP has not yet returned to an expansionary course. Business surveys indicate that economic momentum will remain weak in the second half...

The German economy is struggling to emerge from stagnation. GDP is likely to increase again in 2024, but the economic momentum will remain low. The strong growth in real disposable income will boost private consumption. However, the increases in interest rates continue to weigh on construction...