Tag: Growth forecast
Handelsblatt Research Institute gives economic forecast
The silhouette of a construction worker According to HRI forecasts, the economy will contract for three consecutive quarters. (Photo: dpa) Dusseldorf The German economy is at the beginning of a…
Other emerging markets in Asia are growing faster
Corona virus in China The government’s non-Covid strategy is becoming a growing economic risk. (Photo: dpa) Bangkok For the first time in more than three decades, the economy in China…
Forecasts by economists differ drastically
community diagnosis Economic heads of the leading institutes at the last presentation of their joint forecast in April 2022 (from left): Oliver Holtemöller (IWH), Martin Gornig (DIW, is currently suspended),…
Winter recession and rising inflation expected
Berlin Inflation has not yet peaked: according to estimates by the Ifo Institute, the inflation rate will rise to eleven percent at the beginning of next year. This emerges from…
Ifo Institute expects “winter recession” and rising inflation
Will Germany slip into recession in winter? The Ifo Institute only expects growth of 1.6 percent for the current year. (Photo: dpa) Berlin The Ifo Institute expects inflation rates to…
Ifo Institute expects recession and rising inflation
Containers at the port of Stuttgart The Ifo Institute only expects growth of 1.6 percent for the current year. (Photo: dpa) Berlin The Ifo Institute expects inflation rates to continue…
IfW predicts recession and billions in damage
container port The shrinking of the German economy would mean a significant loss of prosperity. (Photo: dpa) Berlin German economic output is expected to shrink by 0.7 percent in 2023.…
Winners & losers of the Corona and Ukraine crisis
Berlin Hardly any other country has been hit as hard as Germany by the effects of the Ukraine war. The meager 0.1 percent growth of the German economy in the…
Ifo index continues to fall – “Economic output is likely to shrink in the third quarter”
car industry Executives in Germany continue to look to the future with pessimism. (Photo: dpa) Reuters The mood in the executive floors of the German economy deteriorated slightly again in…
Bundesbank expects double-digit inflation in autumn and recession in winter
Joachim Nagel, President of the German Bundesbank In its monthly report, the Bundesbank raises its forecast for inflation in Germany. Accordingly, a double-digit inflation rate should be reached in autumn.…
China’s economy weakens in July – central bank cuts interest rates
economy in China A delivery man transports home appliances from a delivery center. (Photo: dpa) Beijing As a sign of a weakening economy, important economic data in China again fell…
Russian economy shrinks 4.0 percent in spring
Renault plant in Moscow Many Western corporations have already withdrawn from Russia. (Photo: IMAGO/ITAR-TASS) Moscow Following the invasion of Ukraine and sanctions imposed by the West, Russia’s economy plummeted in…
The economy in the euro area is growing faster than expected – GDP growth of 0.7 percent
Economic growth in the euro zone The economy in the EU continued to grow. (Photo: dpa) Brussels, Berlin Despite record inflation and the Ukraine war, the economy in the euro…
German economy not growing in spring
Berlin The German economy stagnated in the spring. The gross domestic product was unchanged between April and June compared to the previous quarter, as the Federal Statistical Office (Destatis) announced…
EU Commission cuts growth forecast
shipbuilding hall The EU Commission has revised its growth forecast downwards. (Photo: dpa) Brussels/Berlin According to the EU Commission, the energy crisis, aggravated by the war in Ukraine, is clouding…
IMF lowers growth forecast for US economy to 2.3 percent
United States The IMF expects lower economic growth in the USA. (Photo: dpa) Washington The International Monetary Fund (IMF) is downgrading its growth forecast for the US economy. The IMF…
US industry cuts production surprisingly
Port USA Production as a whole – in addition to industry, suppliers and mining are also taken into account here – grew by 0.2 percent, only half as much as…
Inflation: Price pressure weighs on growth prospects
Container handling in the port of Hamburg The port on the Elbe is threatened with a loss of handling due to the war in Ukraine. (Photo: dpa) Berlin The economic…
EU Commission lowers forecast for economic growth to 2.7 percent
Container ships in the port of Hamburg The reason for the weakening economic growth is, among other things, war-related disruptions in the global supply chains. (Photo: dpa) Brussels The war…
Moscow fears the worst economic slump in three decades
Russia’s economy is suffering The sanctions have hit Moscow hard. (Photo: dpa) The sanctions against Russia in response to the invasion of Ukraine could plunge the country into one of…