
Germany’s Economy: Three Years of Stagnation With Only Limited Signs of Recovery
Same old story: Germany’s longest stagnation has now been confirmed. The economy will remain stuck until fiscal stimulus begins to take effecta

Same old story: Germany’s longest stagnation has now been confirmed. The economy will remain stuck until fiscal stimulus begins to take effecta

Romania’s economy delivered a mild upside surprise in the third quarter. The flash estimate points to 1.6% annual growth, above our expectations, although it still contracted by 0.2% versus the previous quarter. Taken together, after nine months of 2025, the economy is 0.8% above the same period of 2024

Italy's October inflation numbers show a marked deceleration. This is very much an energy and fresh food story, against stable core inflation. As we don’t expect an imminent change to the pattern, we're trimming our forecast for average 2025 headline inflation to 1.6%

Labour market data remains at an acceptable level for now, but the outlook is uncertain. As spooky season begins, companies face a haunting dilemma: raise prices further or begin layoffs?

Hungary's recent labour market data shows a seasonal improvement, resulting in a record-high employment rate. The situation for employers is growing hotter as wage expectations remain high, but the economy struggles to thrive

The economic prosperity of recent decades is under pressure from geopolitical and technological paradigm changes. The golden years of globalization are over, and increasingly rough winds in global trade are exposing Germany's structural weaknesses.









