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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 second wave of the Covid-19 pandemic has interrupted the recovery in Germany. GDP is set to decline in the first …
Persistent link: https://www.econbiz.de/10012590164
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 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 …
Persistent link: https://www.econbiz.de/10012060484
The economic upswing in Germany continues, although the expansion loses some steam. Compared to our summer forecast, we ….9 percent (2018) and 2.0 percent (2019). So for now, the boom in Germany persists. However, due to the already very high …
Persistent link: https://www.econbiz.de/10012060514
The strong economic upswing in Germany has taken a break. For the current year, we revise our GDP growth forecast down …
Persistent link: https://www.econbiz.de/10012060563
The air for the economic upswing in Germany is getting thinner. We expect German GDP to grow by 2.5 percent this year …
Persistent link: https://www.econbiz.de/10012060677
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
. Wages are expected to grow more dynamically. Germany’s general budget surplus is set to increase further. However, the …
Persistent link: https://www.econbiz.de/10012060691