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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 spread of the coronavirus will have a considerable impact on the German economy. The economy will be hit in a … caused by the coronavirus can hardly be quantified at present. First, the effects are not yet reflected in available leading … large extent on the measures taken to contain the virus. For our forecast, we assume that the coronavirus will dampen …
Persistent link: https://www.econbiz.de/10012183111
capital goods. In the meantime, the investment climate in Germany has also deteriorated noticeably. As a result, companies are …
Persistent link: https://www.econbiz.de/10012140365
quarter. Germany would thus formally be in a technical recession. However, the slowdown that began in 2018 has so far been a … that economic momentum in Germany has cooled off more than in many other countries. To some extent, this is due to the fact … weigh particularly on production in Germany. Against this backdrop, exports are likely to pick up only gradually. Private …
Persistent link: https://www.econbiz.de/10012116912
The renewed decline in GDP in the first quarter and the recent deterioration in leading indicators have increased concerns that the aftermath of the energy crisis and the tightening of monetary policy may weigh more heavily on the economy than expected. However, all in all it is more likely that...
Persistent link: https://www.econbiz.de/10014422272
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
The recovery of the global economy from the Covid crisis came to an end in 2022 amid high energy prices and great uncertainty. While the energy crisis is easing, the effects of monetary policy, which was tightened rather late but then very quickly, are now increasingly weighing on growth. World...
Persistent link: https://www.econbiz.de/10014261261
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