More companies than ever before want to raise prices

– pedestrians in a city center Price pressure is also increasing noticeably in the sectors of the economy that are upstream of private consumption. – (Photo: dpa) – – – – Berlin In Germany, in view of higher costs, more companies than ever before want to raise their prices in the next three months. The … Read more

Stagflation ante portas – now it’s time to take countermeasures

Federal Chancellor Scholz and Minister of Finance Lindner (r.) The traffic light coalition has already taken the first steps towards relief, but it cannot stop there. – (Photo: Reuters) – – – – The German Council of Economic Experts has significantly lowered its economic forecast and is warning of a recession in Germany. But this … Read more

The worse situation in the auto industry has a negative impact on the entire economy

– car industry 36 percent of the companies rate their situation as good, 26 percent as bad. – (Photo: dpa) – – – – Berlin The German Chamber of Commerce and Industry (DIHK) sees the deteriorating situation in the auto industry as a significant burden for Germany as a business location. “The automotive industry with … Read more

In spite of the surge in inflation, the Fed will remain calm on the interest rate front

– Jerome Powell The US Federal Reserve chief said that interest rates would not be raised preventively for fear of inflation. – (Photo: AP) – – – – New York According to Fed Chairman Jerome Powell, the central bank will remain patient despite the soaring inflation in the US. Like the data on the labor … Read more

DIHK survey continues to show major problems

– Gastronomy in Berlin Naturally, the financial situation is tense, especially in the economic reports, which have long suffered from restrictions. – (Photo: dpa) – – – – Berlin German companies are only slowly recovering from the consequences of the corona pandemic. Many are coping with the crisis, but 43 percent of companies still rate … Read more

Xi Jinping puts economic success model at risk

Poster from President Xi Jinping Its course endangers the economy of the world’s second largest economy. – (Photo: AFP) – – – – China has achieved what a communist state is generally not expected to do: high economic growth for decades. It was the introduction of market economy reforms under the then party leader Deng … Read more

Which regions come out of the crisis best

Bleak prospects? The coronavirus is also casting its shadow on economic growth. – (Photo: Smetek) – – – – The letter V shows the optimists in the corona crisis. V is for Victory. And at the same time, the V describes the best possible economic development in the pandemic: The sharp economic slump in the … Read more

Family businesses are reluctant to use state aid

– These are the results of representative surveys by the Family Businesses Foundation, which were collected by the Munich Ifo Institute for the Foundation’s annual monitor. For the study, which is available to the German Press Agency, 2,452 companies were surveyed from May to June. In October, 1,104 companies from this group took part in … Read more

Japan’s central bank is sticking to its loose monetary policy

– In view of the persistently grave economic situation, the central bank decided to stick to its extremely relaxed monetary policy. With the BoJ’s decision, Japanese commercial banks can still get money from the central bank almost free of charge. Loans for business investments and for consumers should remain cheap. The third largest economy in … Read more