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is likely to decline again in the fourth quarter, output should continue to rise in most of the rest of the world, with … global growth from September by 0.2 percentage points for 2020 and by 0.6 percentage points for 2021. We now expect world … world trade in goods, we expect an increase of 8.8 percent, following a decline of 5.4 percent this year. …
Persistent link: https://www.econbiz.de/10012392680
Following an encouraging first half of the year, the recovery of the global economy has lost momentum. Across the globe, resurging Covid-19 infections weighed on economic activity. Supply chain disruptions prevented a further expansion of global industrial production, and the fast-moving...
Persistent link: https://www.econbiz.de/10012805890
coronavirus rising sharply and containment measures tightened again in many countries. Industrial production and world trade have … next, with a particularly strong improvement in the outlook for the United States. World trade in goods is expected to grow … horizon world trade will thus be even higher than expected before the crisis. …
Persistent link: https://www.econbiz.de/10012590089
Wholesale prices for gas and electricity have fallen significantly in recent months - even though they are still at a high level. In addition, the burdens on private households and companies caused by high energy costs are to be cushioned by so-called price brakes. Overall, inflation in 2023...
Persistent link: https://www.econbiz.de/10013539194
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,...
Persistent link: https://www.econbiz.de/10013539196
recently redirected their exports towards the remaining growth spots of the world economy, in particular to Asia’s emerging …
Persistent link: https://www.econbiz.de/10009682378
The renewed decline in GDP in the first quarter and the recent deterioration in leading indicators have increased concerns that the aftermath of the energy crisis and the tightening of monetary policy may weigh more heavily on the economy than expected. However, all in all it is more likely that...
Persistent link: https://www.econbiz.de/10014422272
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...
Persistent link: https://www.econbiz.de/10012589962
The global economy is losing steam. After a weak start in the beginning of this year, world production accelerated … 2020 world output is expected to rise by 3.4 percent. Despite the gradual global economic slowdown, capacity utilization in …
Persistent link: https://www.econbiz.de/10012060516
World economic growth is moderating accompanied by a broad-based deterioration in economic sentiment. Following a … to expect world production to increase by 3.4 percent. The escalation of trade conflicts, the possibility of a “hard …
Persistent link: https://www.econbiz.de/10012060521