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The German economy is in a downward spiral. The recent price jumps for electricity and gas will reduce the purchasing power of private households and lead to a decline in private consumer spending. In addition, the slowing world economy will dampen not only exports but also investment activity....
Persistent link: https://www.econbiz.de/10013441513
The German economy is working its way out of the energy crisis. In recent months, the economic outlook has improved somewhat. However, overall economic production will increase only moderately. GDP is expected to increase by 0.5 percent in the current year and by 1.4 percent in 2024, slightly...
Persistent link: https://www.econbiz.de/10014283976
Mit dem abermaligen Rückgang des Bruttoinlandsprodukts im ersten Quartal und den zuletzt eingetrübten Konjunkturindikatoren haben sich die Sorgen gemehrt, dass die Nachwehen der Energiekrise und die Straffung der Geldpolitik die Wirtschaft stärker belasten könnten als zuvor erwartet....
Persistent link: https://www.econbiz.de/10014423974
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/10014423983
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/10012143277
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, as...
Persistent link: https://www.econbiz.de/10012143279
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/10012143282
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/10012143284
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/10012143287
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/10012143289