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Despite a temporary pick-up in world production at the start of the year, growth will continue to moderate amid a further deterioration in economic sentiment and elevated levels of uncertainty. We expect the global economy to expand at a rate of 3.2 percent this year, reflecting a downward...
Persistent link: https://www.econbiz.de/10012060483
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 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...
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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 despite heavy headwinds from abroad. We expect GDP to grow by 1.7 percent in 2017 and by 2.1 percent in 2018 after an increase of 1.9 percent in the current year. The slight deceleration in GDP growth in 2017 is due to temporary factors, in...
Persistent link: https://www.econbiz.de/10012061457
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