Following the winter recession and stagnation in the second quarter of 2023, the economic upswing is proceeding at a sluggish pace, contrary to expectations over the summer. Weak foreign demand and ongoing inflation have proven to be slowing economic growth. For the time being, private consumption is not driving the German economy and is likely to develop in the second half of 2023 only haltingly. ...
Der Rat der Europäischen Zentralbank (EZB) hat heute beschlossen, den Leitzins um weitere 0,25 Prozentpunkte zu erhöhen. Dazu ein Statement von Marcel Fratzscher, Präsident des Deutschen Instituts für Wirtschaftsforschung (DIW Berlin):