Economic Activity: the End of the Four-Year Economic Slowdown in Sight
9 Articles
9 Articles
For years, the German economy has been suffering. But, unexpectedly, leading economists are spreading optimism - but only for a limited period of time.
volksfreund.de
For years, the German economy has been suffering. But, unexpectedly, leading economists are spreading optimism - but only for a limited period of time.
The economy is set to rise again: several research institutes are raising their forecast for the current year significantly. However, inflation remains high - and could become a burden.
After the DIW raised its growth forecast for this year to 1.2 percent on the previous day, more institutes are now following suit. They are seeing an even bigger upswing. However, there is no reason for euphoria.
Germany's leading economic research institutes (Ifo, IfW, RWI, DIW Berlin) have revised their GDP growth forecasts, painting an optimistic picture following strong performance in the first half of the year. While fiscal stimulus and increased exports supported growth, energy prices, geopolitical risks, and rising public debt were among the prominent threats.
Leading German economic institutes said on Thursday that German economic growth this year will be stronger than previously estimated. Europe's largest economy is enduring the consequences of the war in the Middle East, reports the DPA agency. The Kiel Institute for the World Economy and the Leibniz Institute...
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