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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 German economy is running at full steam. Economic activity has further accelerated in the current year and leading indicators suggest that the rapid pace of expansion will continue in the coming year. We expect gross domestic product (GDP) to grow by 2.3 percent in 2017 (calendar-adjusted:...
Persistent link: https://www.econbiz.de/10012060681
The German economy is recovering only gradually. After a weak summer half-year, gross domestic product will hardly do more than stagnate in the final quarter of the current year. Economic activity still provides two contrasting pictures. The main reason for the ongoing downturn, which began last...
Persistent link: https://www.econbiz.de/10012140365
Persistent link: https://www.econbiz.de/10012272008
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 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 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