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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...
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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
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 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
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 economic upswing in Germany continues, although the expansion loses some steam. Compared to our summer forecast, we reduced our expectations for GDP growth by 0.1 and 0.3 percentage points in the current and next year, respectively, to 1.9 percent (2018) and 2.0 percent (2019). So for now,...
Persistent link: https://www.econbiz.de/10012060514