Global growth has decelerated over the course of the year under the impact of high energy prices and great uncertainty. Monetary policy, which is being tightened very quickly in view of high inflationary pressure across the board, is now also putting a drag on economic activity. Overall,...

As a result of the Covid-19 pandemic, global economic activity is expected to have fallen by almost 10 percent in the first half of 2020. However, the low point seems to have been passed in the meantime, and in China the economy has even already made up a considerable part of the production...

During the first half of the year global growth remained sluggish. While activity in emerging economies stabilized, growth in advanced economies softened. Over the next two years, we expect the world economy to pick up pace gradually, although without turning into a strong synchronized global...

The world economy seems to have stabilized in the first months of the year. The underlying growth dynamics, however, remain weak although we expect growth to accelerate somewhat going forward. This year, global output (at PPP exchange rates) will expand by 3.1 percent, which is close to last...

World economic growth is moderating accompanied by a broad-based deterioration in economic sentiment. Following a temporary pick up in the second quarter, global activity slowed down significantly in the third quarter and sentiment indicators point towards a further deceleration towards the end...

In the middle of 2017, the world economy is experiencing robust growth. Especially in the advanced economies economic sentiment is upbeat, despite considerable economic policy uncertainty. We have increased our forecast for global GDP growth—on PPP basis—by 0.1 percentage points both in 2017...

The world economy has gained traction in the course of 2016 despite elevated policy uncertainty and seems to have picked up further in the beginning of 2017. The change in the US government apparently has led to expectations of substantial policy stimulus, while a competitive valuation of...

The global economy continued to recover in the winter semester, despite the number of new infections with the coronavirus rising sharply and containment measures tightened again in many countries. Industrial production and world trade have already fully catched up with activity levels before the...

The global economy remained on track in the first months of 2021, despite surging covid-19 infections and renewed containment measures in many countries. The impact of the pandemic was largely confined to the service sectors. Meanwhile, the pronounced upturn in industrial production and global...

The global economy continues to expand at a moderate pace. The somewhat faster pace in the spring appears to have slowed again in the summer. In the United States, the economy is gradually losing momentum. At the same time, economic momentum in Europe remains low and a sustained economic...