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Despite a strong start to 2025, the German economy will experience middling growth for the time being before beginning a long-awaited upturn at the end of the year. DIW Berlin's forecast indicates growth of 0.3 percent for 2025 and of 1.7 percent for 2026; thus, DIW Berlin is increasing its forecast...
Persistent link: https://www.econbiz.de/10015420391
Recently, the coronavirus pandemic has caused economic developments in major economies to drift apart: While infection rates were declining and production was experiencing strong growth in places such as Europe and the United States in the second quarter of 2021, emerging economies were...
Persistent link: https://www.econbiz.de/10012631744
Global recovery is progressing more slowly than was indicated in 2020 due to high coronavirus rates and related economic restrictions in Europe and Japan. Recently, a disparate picture has been forming: In the advanced economies, declining infection rates and continued progress in vaccination...
Persistent link: https://www.econbiz.de/10012586104
The consequences of the ongoing 2020 coronavirus pandemic are leaving deep marks on the global economy. In the first quarter of 2020, global production sank by 15.5 percent over the course of the worldwide lockdown. Since containment measures in many countries were mainly implemented during the...
Persistent link: https://www.econbiz.de/10012251296
The resurgence of the pandemic and renewed lockdowns have slowed the recovery of the global economy, but the overall losses will be less severe than after the first coronavirus wave in spring 2020. Industry in particular continues to develop well. In contrast, retail trade and personal services...
Persistent link: https://www.econbiz.de/10012500653
The Omicron wave of the coronavirus has impacted economies worldwide, resulting in a bleak winter. Although restrictions on economic and public life have been less severe than at the beginning of 2021 in many places-mainly due to the progress of vaccination campaigns-and there are prospects of...
Persistent link: https://www.econbiz.de/10013161604
The German economy is stuck in a period of stagnation: Following two years of consecutive slight declines in GDP, growth is not expected for 2025 either. Weak exports, rising unemployment worries, and the resulting reserved private consumption and economic policy uncertainty are slowing the...
Persistent link: https://www.econbiz.de/10015338723
The German economy is stuck in a difficult position as it faces both slow growth as well as structural change. The continuing lack of orders in manufacturing, increasing international competition, and sluggish development in industry-related services are now affecting the labor market and...
Persistent link: https://www.econbiz.de/10015192295
The German economy has returned to a recovery course following a slight recession over the winter. Although the war in Ukraine, record inflation, and feared gas shortages have taken their toll on the German economy, a drastic slump failed to materialize. The German economy remained relatively...
Persistent link: https://www.econbiz.de/10014362635
Following the winter recession and stagnation in the second quarter of 2023, the economic upswing is proceeding at a sluggish pace, contrary to expectations over the summer. Weak foreign demand and ongoing inflation have proven to be slowing economic growth. For the time being, private...
Persistent link: https://www.econbiz.de/10014362798