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This year and next, global GDP will grow more strongly than expected. The growth rate should be just under four percent. In developed economies, the continuing improvement in the job market situation will drive consumption. Corporate investment activity will also gain momentum. Over the forecast...
Persistent link: https://www.econbiz.de/10011723170
Persistent link: https://www.econbiz.de/10011723171
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
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
Persistent link: https://www.econbiz.de/10012291924
This year and next, global GDP will grow more strongly than expected. The growth rate should be just under four percent. In developed economies, the continuing improvement in the job market situation will drive consumption. Corporate investment activity will also gain momentum. Over the forecast...
Persistent link: https://www.econbiz.de/10011717081
Persistent link: https://www.econbiz.de/10011717086
Global economic output is expected to grow by 3.7 percent this year, and with a slightly stronger dynamic in the coming year; both predictions match the figures proposed in DIW Berlin’s spring forecast, even though the year started off somewhat weaker than expected. But overall, economic...
Persistent link: https://www.econbiz.de/10011664727
The German economy will likely contract in the first quarter of 2024 due to still heightened inflation and weak demand, which was already weighing on German economic output in 2023. Inflation, which is falling in both Germany and the euro area overall, is expected to return close to the European...
Persistent link: https://www.econbiz.de/10014506705
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