Suchergebnisse für: inflation

After observing that Germany’s „hard“ KPI were southbound in June, all eyes are now on the development in July. So, hey, let’s take a closer look how the German economy fared in July:

Last month showed that Germany’s economy is not a European Champion anymore (here), and in June it does not really get better. But, hey, let’s take a closer look at how the German economy is faring:

Although quite a formidable phalanx of pundits indeed see the German economy „coming out of the woods yet“ (cf. my last monthly, here), not only the mood but also the current figures are not really champion-like. But, hey, let’s dive deeper into the facts:

Well, „subdued“ – the term I used in my last issue (here) – was the correct description of Germany’s economy as it turns out now. But, hey, let’s look at the current stage in more detail and assess how it will develop:

While starting to write this monthly, I realised that one of the first sentences of my last one ended in nirvana („… it seems that the roller-coaster …“, here) Well, unintend pun that was. But, hey let’s take a more closer look at how the German roller-coaster, aka „economy“ fared in March:

After a non-happy ending to 2023 (here) and a not-promissing to 2024 (here), it seems that the roller-coaster. But, hey let’s take a more closer look at the German economy:

As bad as 2023 ended (here), 2024 begins and the stream of bad news seems to continue unabated, as the following „monthly“ shows:

As the newly published German GDP-figures (see below) drastically prove, the year 2023 did indeed not not provide for a happy-end for the German economy (as predicted in November, here). As painful as it is, let’s take a closer look at some of the German „performance indicators“: