Showing 1 - 10 of 695
The German economy is at the brink of a recession. Gross domestic product is likely to decline again in the third quarter. Germany would thus formally be in a technical recession. However, the slowdown that began in 2018 has so far been a normalization of the previous boom period. At present,...
Persistent link: https://www.econbiz.de/10012116912
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 economic upswing in Germany is set to continue despite heavy headwinds from abroad. We expect GDP to grow by 1.7 percent in 2017 and by 2.1 percent in 2018 after an increase of 1.9 percent in the current year. The slight deceleration in GDP growth in 2017 is due to temporary factors, in...
Persistent link: https://www.econbiz.de/10012061457
German GDP is expected to increase by 1.8 percent (2015), 2.2 percent (2016), and 2.3 percent (2017). With capacity utilization currently being at normal levels, Germany is on the road to overheating in the next years. GDP growth is backed by high growth rates in private consumption. In addition...
Persistent link: https://www.econbiz.de/10012061557
The German economy remains on a robust growth track. For the current year we expect GDP to increase by 1.8 percent. Next year, the rate of expansion is likely to accelerate to 2.1 percent. The private consump­tion boom continues, albeit not quite at the same rapid pace as in the past quarters,...
Persistent link: https://www.econbiz.de/10012061569
The German economy is regaining momentum. GDP is forecast to increase by 1.7 percent in 2015 and 1.9 percent in 2016. Initially, the acceleration in economic growth will be driven in particular by private consumption thanks to a sharp increase in income and higher purchasing power as a result of...
Persistent link: https://www.econbiz.de/10012061576
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...
Persistent link: https://www.econbiz.de/10012590164
The recovery of the German economy needs more time. Ongoing precautionary measures to protect against infection as well as the supply bottlenecks will slow down the catch-up process in the winter. Especially in those service sector that have been particularly affected by the pandemic the...
Persistent link: https://www.econbiz.de/10012658780
The spread of the coronavirus will have a considerable impact on the German economy. The economy will be hit in a situation in which it was just about to regain footing after the downturn of the past year. Recently, signs have been increasing that industrial production is finding its bottom and...
Persistent link: https://www.econbiz.de/10012183111
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