January 23 2019 • Arne Holzhausen, Kathrin Brandmeir, Michaela Grimm
1.1 billion people form the global wealth middle class, and the global concentration of wealth has fallen below 80%. Yet we see more inequality within many industrialized countries.
January 22 2019 • Benedikt Fritz, Arne Holzhausen
Our visual guide shows what separates smart savers form the hard savers and where they live.
January 16 2019 • Economic Research
After 2018's strong growth but heightened uncertainty, 2019 will be a denouement year; it will lead to a soft landing of the world economy.
January 09 2019 • Maxime Lemerle
Business insolvencies rise for the third consecutive year in 2019 (+6%). The softening economic momentum, coupled by the global tightening of financing conditions, will drive up insolvencies in a majority of countries.
December 19 2018 • Katharina Utermöhl, Dr. Michael Heise
Whereas 2018 will be known as the year when the ECB reached the end of its monetary easing path 2019 will mark the beginning of monetary tightening.
December 18 2018 • Economic Research Team
We see global growth remaining on a healthy trajectory in 2019, despite the multiplication of risks. Read the quarterly update of our Global Economic Outlook.
December 12 2018 • Ana Boata, Sergey Zuev
After ten years of growth (2008-2018), we have reached the peak in the global construction cycle. This year will be the turning point for the global construction industry, beginning to cool down gradually to +3% y/y in 2019, from +3.5% y/y in 2018.
December 12 2018 • Gregor Eder
Despite the recent setback, the overall economic situation in Germany can still be described as good. The domestic economic conditions for a continuation, albeit more moderate, of the upswing are still in place. Despite the increased risks we expect the overall economic utilization in Germany to increase further in the coming year. With real GDP growth of 1.7% (2018: expected 1.5%), however, the rate of the previous years (2016 and 2017: 2.2% each) will no longer be reached.
December 07 2018 • Catharina Hillenbrand-Saponar, Alexis Garatti, Abdul Rahman Kassab
As the parties to COP24 gather in Katowice to agree on implementing the Paris agreement, there could be a step up towards the reality of assets having to leave the market and others coming to displace them.
1-9 out of 314 results
Real economic growth edged down to +6.4% y/y in Q4 2018 (from +6.5% in Q3) as expected.
Recent data continues to be mostly negative. Manufacturing was the lone bright spot as manufacturing industrial production surged +1.1% m/m to a +3.2% y/y rate, while the Philly Fed’s survey also showed an uptick in activity.
First estimates indicate that the annual current account surplus increased to +USD115bn in 2018, equivalent to an estimated +7.6% of GDP, up from +USD33bn in 2017 (+2.2% of GDP).
While still in recession, Argentina is gradually rebalancing. It successfully achieved the IMF primary deficit target of -2.7% of GDP in 2018 (after -3.8% in 2017).
In November, both industrial production and real retail sales dropped for the third consecutive month, by -6.5% and -6.3% y/y, respectively.
Real GDP rose by +1% q/q in Q4 2018 (after +0.6% in Q3) supported by solid growth in domestic demand. Both private and government consumption increased in Q4, by +1% q/q (up from +0.5%) and +3.1% (after +1.5% q/q) respectively.
Brexit is proving much harder to tame than a Shakespearian shrew. As expected, the UK House of Commons rejected Prime Minister (PM) Theresa May’s Brexit deal.
At +1.5%, the economy last year recorded its weakest GDP growth since 2013. Domestic demand was the main growth driver in 2018. Private consumption grew by a moderate +1% in real terms.
Use our tool to analyze key payment and insolvency indicators that are critical for companiesSee the website
Find complementary economic and strategic insights to understand capital markets, wealth and insurance trends and moreSee the website