Commerzbank Corporates & Markets
Economic Research
https://research.commerzbank.com
Economic Briefing
Germany: Inflation back in the 2% area
German consumer prices surprisingly rose 0.2% month-on-month in June. Food prices were up significantly once again, probably at least in part due to the floods in Germany. Numerous services became more expensive as well. This development seems to be a consequence of strong wage growth. The rate of inflation jumped from 1.5% in May to 1.9% in June.
Kind regards,
Ulrike Rondorf
Showing posts with label Ulrike Rondorf. Show all posts
Showing posts with label Ulrike Rondorf. Show all posts
Saturday, June 29, 2013
Tuesday, April 16, 2013
ZEW: Poor data cause concern among analysts
Commerzbank Corporates & Markets
Economic Research
https://research.commerzbank.com
Economic Briefing
ZEW: Poor data cause concern among analysts
The ZEW Index for economic expectations in Germany tumbled from 48.5 to 36.3 in April, which was a stronger fall than expected by most analysts. The camp of economic optimists has clearly shrunk. This was probably caused by the decline in sentiment indicators in March and the poor data from German industry. Even so, we still expect the German economy to pick up considerably in the coming months. This is likely to be confirmed by the purchasing managers’ index and the Ifo business climate – due next week – that should recover from March-setbacks.
Analyst:
Ulrike Rondorf
Economic Research
https://research.commerzbank.com
Economic Briefing
ZEW: Poor data cause concern among analysts
The ZEW Index for economic expectations in Germany tumbled from 48.5 to 36.3 in April, which was a stronger fall than expected by most analysts. The camp of economic optimists has clearly shrunk. This was probably caused by the decline in sentiment indicators in March and the poor data from German industry. Even so, we still expect the German economy to pick up considerably in the coming months. This is likely to be confirmed by the purchasing managers’ index and the Ifo business climate – due next week – that should recover from March-setbacks.
Analyst:
Ulrike Rondorf
Friday, April 12, 2013
German Real Estate Monitor
Commerzbank Corporates & Markets
Economic Research
https://research.commerzbank.com
Economic Insight
German Real Estate Monitor
Residential property prises are rising strongly in German cities. We consider which house price indices are worth looking at and which indicators may warn of possible overheating of the market. The property market should continue to revive in the next few years, above all due to low interest rates. Even though a property bubble is less likely in Germany than it was in Spain or Ireland, the ECB’s long-standing expansionary monetary policy, maintained for the sake of the peripheral countries, poses significant long-term risks.
Analyst:
Ulrike Rondorf
For important disclosure information, please see https://research.commerzbank.com/portal/en/site/equity/disclaimer_1/index.jsf
Economic Research
https://research.commerzbank.com
Economic Insight
German Real Estate Monitor
Residential property prises are rising strongly in German cities. We consider which house price indices are worth looking at and which indicators may warn of possible overheating of the market. The property market should continue to revive in the next few years, above all due to low interest rates. Even though a property bubble is less likely in Germany than it was in Spain or Ireland, the ECB’s long-standing expansionary monetary policy, maintained for the sake of the peripheral countries, poses significant long-term risks.
Analyst:
Ulrike Rondorf
For important disclosure information, please see https://research.commerzbank.com/portal/en/site/equity/disclaimer_1/index.jsf
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