
Germany’s Economy: Three Years of Stagnation With Only Limited Signs of Recovery
Same old story: Germany’s longest stagnation has now been confirmed. The economy will remain stuck until fiscal stimulus begins to take effecta

Same old story: Germany’s longest stagnation has now been confirmed. The economy will remain stuck until fiscal stimulus begins to take effecta

Today's data is more evidence of the small rebound of the German economy after the summer. However, the September increase in exports is too weak to dispel concerns about persistent structural weakness

It's the expected rebound in industrial production in September. However, it's a rebound which is too weak to mark any turnaround. Instead, even with some cyclical rebound in the making, structural weaknesses will put a lid on German industrial production for a while

Affordability in the German real estate market remains strained. However, the recent surge in rents and a low homeownership ratio should still support the market

A revision of the eurozone's long-term growth outlook would have a significant upward impact on euro swap rates. This is unlikely to happen overnight, but in our view should build gradually over time. In the US, it's a steady state along the coupon curve. But there’s lots going on in the pipes of the money markets as repo tightness persists

Extremely disappointing industrial data in August has just increased the risk of yet another quarter of contraction for the German econom

The number of unemployed people has increased above the three-million mark for the first time since 2015, providing further evidence that a long period of economic stagnation eventually takes a toll on the labour market

While Germany is still digesting and debating Sunday's election results, the latest Ifo index reading suggests that the economy remains stuck in stagnation.





































