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The expansion in Germany continues. We leave our forecast as of December 2016 unchanged and expect GDP to grow by 1.7 percent in 2017 and by 2 percent in 2018. The somewhat weaker growth rate in 2017 results from the lower number of working days. Overall, the expansion is set to broaden. While...
Persistent link: https://www.econbiz.de/10012060787
The expansion in Germany is set to continue despite headwinds from abroad. We leave our forecast as of autumn unchanged and expect GDP to grow by 1.9 percent in 2016 and by 1.7 percent in 2017. The effects of the Brexit-vote on the German economy will be modest in this period. The long-run...
Persistent link: https://www.econbiz.de/10012061430
The economic upswing in Germany is set to con­tinue. GDP is likely to grow 1.9 percent this year and 2.1 percent next year. Strong domestic drivers remain the dominant factors. The significantly lower number of refugees arriving since the start of the year will be mainly reflected in a somewhat...
Persistent link: https://www.econbiz.de/10012061500
The German economy remains robust in a difficult international climate. In the current year, we expect GDP to increase by 2 per cent. That represents a reduction of 0.2 percentage points from our earlier forecast, mainly due to a slowdown in exports caused by sluggish growth in foreign markets...
Persistent link: https://www.econbiz.de/10012061543
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 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 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
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