net_left Phương Thức Thanh Toán

German Economy to Contract in 2023 - Ifo

13 Tháng Chín 2022
German Economy to Contract in 2023 - Ifo © Reuters.

By Scott Kanowsky

Investing.com -- The German economy is expected to contract in 2023, according to a forecast from the Ifo Institute in Munich, due mainly to spiking inflation eating away at private consumer spending.

Europe's largest economy is now seen declining by 0.3% next year, paring back an estimated expansion of 1.6% in 2022, the research group said in a statement Monday. Inflation is predicted to rise to 9.3% in 2023, with the figure peaking at around 11% in the first quarter in particular, as energy suppliers ratchet up prices to offset soaring procurement costs spurred on by dwindling Russian gas supplies.

"This will result in a sharp drop in real household incomes and a noticeable decline in purchasing power," Ifo said in a statement, adding that government measures to limit the impact of inflation and stem sliding growth will "fall far short" of these objectives.

The forecast is "significantly" lower than Ifo's previous outlook. Real GDP expectations have been drawn down by 4 percentage points, while inflation predictions were raised by 6 percentage points.

Manufacturing will be the key driver of the German economy in the coming quarters, Ifo said, as ongoing supply chain constraints begin to ease because of cooling global growth. A renewed uptick in interest rates will also lead to more expensive financing costs for construction businesses and subsequently weigh on the entire sector.

However, price increases are forecast to weaken throughout the coming year, thanks in part to large quantities of gas reserves that have been built up recently to counteract the cut to Russian fuel flows this winter. Energy costs are subsequently estimated to fall again from spring 2023 at the latest.

The German economy is not estimated to "return to normal" until 2024, Ifo added, when growth will hit 1.8% and inflation will come in at 2.5%.

Ifo flagged several risks to its forecast, including the development of energy prices, supply chain challenges, and restrictions on public life brought on by a potential resurgence of Covid-19 cases.

Để lại bình luận
Hot Auto Trade Bot Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
net_home_top Ai VIF
27-09-2022 14:33:50 (UTC+7)

EUR/USD

0.9664

+0.0058 (+0.60%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

EUR/USD

0.9664

+0.0058 (+0.60%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

GBP/USD

1.0822

+0.0138 (+1.29%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (0)

USD/JPY

144.15

-0.60 (-0.41%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (6)

AUD/USD

0.6502

+0.0048 (+0.74%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (2)

USD/CAD

1.3647

-0.0085 (-0.62%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (8)

EUR/JPY

139.32

+0.28 (+0.20%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

EUR/CHF

0.9546

+0.0004 (+0.04%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (9)

Sell (0)

Gold Futures

1,647.55

+14.15 (+0.87%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Silver Futures

18.718

+0.238 (+1.29%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (7)

Sell (2)

Copper Futures

3.3455

+0.0522 (+1.59%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (5)

Sell (2)

Crude Oil WTI Futures

78.12

+1.41 (+1.84%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (1)

Brent Oil Futures

84.32

+1.46 (+1.76%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (4)

Natural Gas Futures

7.154

+0.127 (+1.81%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

US Coffee C Futures

222.48

+2.03 (+0.92%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (8)

Euro Stoxx 50

3,389.95

+47.39 (+1.42%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

S&P 500

3,655.04

-38.19 (-1.03%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

DAX

12,402.34

+174.42 (+1.43%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (9)

Sell (0)

FTSE 100

7,065.00

+44.05 (+0.63%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Hang Seng

17,852.00

-3.14 (-0.02%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (1)

US Small Cap 2000

1,664.34

-11.83 (-0.71%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (3)

IBEX 35

7,576.71

+68.21 (+0.91%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (11)

Sell (0)

BASF SE NA O.N.

40.360

+0.550 (+1.38%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Bayer AG NA

49.21

+0.84 (+1.74%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Allianz SE VNA O.N.

166.96

+1.22 (+0.74%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Adidas AG

131.36

+1.26 (+0.97%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (0)

Deutsche Lufthansa AG

5.809

+0.083 (+1.45%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Siemens AG Class N

100.51

+2.26 (+2.30%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Deutsche Bank AG

8.545

+0.054 (+0.64%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

 EUR/USD0.9664↑ Buy
 GBP/USD1.0822↑ Buy
 USD/JPY144.15↑ Sell
 AUD/USD0.6502↑ Buy
 USD/CAD1.3647↑ Sell
 EUR/JPY139.32↑ Buy
 EUR/CHF0.9546↑ Buy
 Gold1,647.55↑ Buy
 Silver18.718↑ Buy
 Copper3.3455Buy
 Crude Oil WTI78.12↑ Buy
 Brent Oil84.32Buy
 Natural Gas7.154↑ Sell
 US Coffee C222.48↑ Sell
 Euro Stoxx 503,389.95↑ Buy
 S&P 5003,655.04↑ Sell
 DAX12,402.34↑ Buy
 FTSE 1007,065.00↑ Buy
 Hang Seng17,852.00Buy
 Small Cap 20001,664.34↑ Buy
 IBEX 357,576.71↑ Buy
 BASF40.360↑ Buy
 Bayer49.21↑ Buy
 Allianz166.96↑ Buy
 Adidas131.36↑ Buy
 Lufthansa5.809↑ Buy
 Siemens AG100.51↑ Buy
 Deutsche Bank AG8.545↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,520/ 6,600
(-30/ -30) # 1,884
SJC HCM6,510/ 6,590
(-50/ -50) # 1,873
SJC Hanoi6,510/ 6,592
(-50/ -50) # 1,875
SJC Danang6,510/ 6,592
(-50/ -50) # 1,875
SJC Nhatrang6,510/ 6,592
(-50/ -50) # 1,875
SJC Cantho6,510/ 6,592
(-50/ -50) # 1,875
Cập nhật 27-09-2022 14:33:52
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,640.33+12.370.76%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V23.26023.720
RON 95-III22.58023.030
E5 RON 92-II21.78022.210
DO 0.05S22.53022.980
DO 0,001S-V24.51025.000
Dầu hỏa 2-K22.44022.880
ↂ Giá dầu thô thế giới
WTI$78.08-1.59-2.08%
Brent$84.52-1.95-2.36%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.560,0023.870,00
EUR22.265,3423.511,65
GBP24.894,1725.955,20
JPY159,88169,26
KRW14,3517,49
Cập nhật lúc 13:49:13 27/09/2022
Xem bảng tỷ giá hối đoái
Phương Thức Thanh Toán