DIW’s business cycle barometer slowdown indicates economic growth in Germany

By: Trademagazin editor Date: 2020. 10. 29. 11:05

🎧 Hallgasd a cikket: Nyelv: Sebesség: 1.05×

With a likely slowdown in post-crisis economic growth, a second wave of the coronavirus epidemic in Germany has arrived on the basis of a business cycle barometer from the DIW Economic Research Institute in Berlin for the fourth quarter.

According to the Deutsches Institut für Wirtschaftsforschung e.V. (DIW Berlin), the business cycle barometer fell to 105.2 points in the fourth quarter, from 122.0 points in the third quarter, which showed quarterly GDP growth of around 6 percent.

The value in the first quarter was 87.1 points, which fell to a record low of 43.5 points in the second quarter. The 100-point value of the index indicates a “neutral” state, corresponding to roughly 0.3 percent quarterly GDP growth. (MTI)