According to the Munich-based institute, German gross domestic product (GDP) will expand by an annual rate of 2.6 percent in 2018. The figure would mark the fastest pace of growth measured in Germany since 2011. For 2019, Ifo still predicts a slightly lower GDP growth rate of 2.1 percent....
BERLIN, Jan. 30 (Xinhua) -- The German government has lowered its official national gross domestic product (GDP) growth forecast for 2019 to 1 percent on Wednesday. In its previous autumn 2018 GDP forecast, the German government had still projected a growth rate of 1.8 percent for 2019. Des...
GDP forecastingBridge modelsFactor models.Threshold auto-regressionbounce-back effectsbusiness cyclesinventory investmentGovernments and central banks need to have an accurate and timely assessment of gross domestic product's (GDP) growth rate for the current quarter, as this is essential for providing a...
However, Economy Minister Peter Altmaier (CDU) emphasized at the presentation of official figures in Berlin that economic growth would remain at historically-high levels in Germany despite growing downside risks. His department predicted that GDP growth would still be measured at 2.1 percent in the ...
German GDP growth probably ground to a halt in the second quarter – and may have actually declined – following a quarterly gain of 0.8% in the first quarter. While some pickup is likely in the coming months, growth in 2014 is likely to fall below the previously expected 2.0%. In the...
The office also confirmed full-year GDP growth of 2.2 percent in 2017 which translated into a calendar-adjusted rate of 2.5 percent. This was the strongest pace since 2011. The DIHK Chambers of Commerce and Industry also blamed the slowdown in the first quarter on a flu epidemic, an unusuall...
Gross domestic product (GDP) is expected to grow by 1.3 percent. The 68 percent projection interval ranges from 1.1 percent to 1.5 percent. The weakened world economy and subdued investment activity are acting as the main checks on economic development. Production will expand by 1.2 percent in ...
On the radar 2Q24 GDP growth arrived at 3.3% y/y in Croatia. Hungarian central bank kept policy rate unchanged at 6.75%. PPI Index in Slovakia landed at -9.1% y/y in July. Today, there are no releases scheduled in the region. ...
Dr. Weidmann was quoted as saying “As things are at the moment and if oil prices remain this low, inflation will be lower than expected, but growth will be better.” Earlier in December, the Bundesbank revised its predicted German GDP growth down by nearly 50% to 1% for 2015, and r...
‘ Revisions to the GDP data will be announced on August 27th. Later today, the latest German inflation figures will be closely watched for any signs of weakening price pressures. Financial markets currently indicate a 66% probability of a rate cut on September 12, and any further decline in...