Tag: Growth forecast
IMF apparently increases economic forecast for Germany
Kristalina Georgieva The head of the IMF plans to present the fund’s updated economic expectations at the end of January. (Photo: Bloomberg) Davos, Berlin IMF boss Kristalina Georgiewa has signaled…
The federal government apparently no longer expects a recession in 2023
Train with new Volkswagen cars The federal government expects the German economy to stabilize further. (Photo: dpa) Berlin The federal government is no longer expecting a recession in Germany for…
Five reasons why the feared recession could not happen
Shopping street in Cologne Private consumption – an important pillar of the German economy – has so far remained quite stable because households can fall back on savings. (Photo: dpa)…
German economy will grow by 1.9 percent in 2022
Berlin Despite the crisis, the German economy grew by 1.9 percent in real terms last year. This was announced by the Federal Statistical Office on Friday in Berlin. The strong…
German economy will grow by 1.9 percent in 2022
Shelf with cleaning products in a supermarket The economy in Germany has grown again. (Photo: mauritius images / Manfred Bail / imageBROKER) Berlin Despite inflation, the Ukraine war and ongoing…
Economy grew noticeably in 2022 despite the energy crisis
Shelf with cleaning products in a supermarket The economy in Germany has grown again. (Photo: mauritius images / Manfred Bail / imageBROKER) The German economy grew last year despite the…
IMF anticipates a tough year for the global economy
IMF chief Kristalina Georgieva According to IMF estimates, the global economy is likely to grow by 2.7 percent in 2024. (Photo: dpa) new York The International Monetary Fund is expecting…
Germany is stuck in stagflation
Mechanical engineer in Chemnitz In spring 2024, real gross domestic product will hardly be higher than before the outbreak of the pandemic in early 2020. (Photo: dpa) Dusseldorf Germany should…
Shrinking economy and high inflation in 2023
Bundesbank President Joachim Nagel Six months ago, the Bundesbank’s economists were significantly more optimistic, especially for 2023. (Photo: Reuters) Frankfurt/Main The Bundesbank expects an economic slump in Germany in the…
Shrinking economy and high inflation in 2023
Bundesbank President Joachim Nagel Six months ago, the Bundesbank’s economists were significantly more optimistic, especially for 2023. (Photo: Reuters) Frankfurt/Main The Bundesbank expects an economic slump in Germany in the…
Economic forecasts are significantly better
freight transport The institutes have the same reason for cautious optimism. (Photo: IMAGO/Jochen Eckel) Berlin Three leading German economic research institutes have improved their outlook for the German economy. The…
Recession will be milder than expected
container terminal According to the Ifo Institute, economic output will shrink by only 0.1 percent in 2023. (Photo: dpa) Berlin According to a forecast by the Ifo Institute, the German…
British Chamber of Commerce expects at least five quarters of contracting economy
Empty shops in London The British Chamber of Commerce expects the British economy to be stuck in recession for longer than previously thought. (Photo: Bloomberg) London According to the Chambers…
The division of German industry is progressing
BASF plant in Ludwigshafen “The dichotomy will continue for some time.” (Photo: obs) Berlin Despite all the doomsday scenarios, production in German industry fell by just 0.4 percent in October…
The division of German industry is progressing
BASF plant in Ludwigshafen “The dichotomy will continue for some time.” (Photo: obs) Berlin Despite all the doomsday scenarios, production in German industry fell by just 0.4 percent in October…
The division of German industry is progressing
Industry German companies kept their production almost stable in October. (Photo: dpa) Berlin Despite all the doomsday scenarios, production in German industry fell by just 0.4 percent in October compared…
Five reasons why winter might not be that bad
Many shoppers in the inner cities Despite high energy prices, private consumption has not collapsed. (Photo: dpa) Berlin Robert Habeck repeated his warnings this week. “The winter can be long…
German economy grew by 0.4 percent in the summer
Vacationers on Norderney Consumers have again spent more on travel. (Photo: imago images/Priller&Maug) Wiesbaden, Berlin Despite headwinds in the summer, the German economy increased its pace. The gross domestic product…
German economy grew by 0.4 percent in the summer
Vacationers on Norderney Consumers have again spent more on travel. (Photo: imago images/Priller&Maug) Wiesbaden, Berlin Despite headwinds in the summer, the German economy increased its pace. The gross domestic product…
German economy grew by 0.4 percent in the summer
Hamburg container port Gross domestic product (GDP) increased by 0.4 percent in the third quarter compared to the previous quarter. (Photo: IMAGO/Chris Emil Janssen) Wiesbaden, Berlin Despite headwinds in the…