Germany economy

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The continuing high inflation in Germany again led to a 5.7 per cent decrease in real earnings in the third quarter (Q3) of 2022. The index of nominal earnings was up 2.3 per cent in Q3 2022 on a year earlier according to provisional results of the new earnings survey but consumer prices rose 8.4 per cent in the same period as per Destatis. Germany Economy, Business Confidence, Wealthy People, Olaf, Forex Trading, Germany, Japan

The continuing high inflation in Germany again led to a 5.7 per cent decrease in real earnings in the third quarter (Q3) of 2022. The index of nominal earnings was up 2.3 per cent in Q3 2022 on a year earlier according to provisional results of the new earnings survey but consumer prices rose 8.4 per cent in the same period as per Destatis.

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German economic sentiment has considerably deteriorated, according to Ifo Institute for Economic Research in Munich, whose business climate index fell to 84.3 points in September, down from 88.6 in August. This is its lowest value since May 2020. The decline has hit all four sectors of the economy and firms assessed their current business as clearly worse. Technical Textiles, Heart Of Europe, Order Book, Global Economy, Quick Saves

German economic sentiment has considerably deteriorated, according to Ifo Institute for Economic Research in Munich, whose business climate index fell to 84.3 points in September, down from 88.6 in August. This is its lowest value since May 2020. The decline has hit all four sectors of the economy and firms assessed their current business as clearly worse.

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Global economy is forecast to slowdown in the coming months, with a 2023 growth forecast at 2.7 per cent and a decreased 2024 forecast at 2.9 per cent. The US is expected to fall into recession in late 2023, while Europe's growth remains sluggish. On the bright side, India’s economy is robust with strong demand, and the ASEAN region maintains healthy growth. Market Economy, Fundamental Analysis, Monetary Policy, Economic Policy, Energy Industry, Higher Income, Global Economy, New Opportunities, Economics

Global economy is forecast to slowdown in the coming months, with a 2023 growth forecast at 2.7 per cent and a decreased 2024 forecast at 2.9 per cent. The US is expected to fall into recession in late 2023, while Europe's growth remains sluggish. On the bright side, India’s economy is robust with strong demand, and the ASEAN region maintains healthy growth.

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