22 08 2024 - Economics, Politics & Philosophy
Military capabilities cannot be maintained in the long term without sound public finances (in German only).
20.08.2024 - Macroeconomics
by Christof SchürmannGunther Schnabl
"In accordance with Article 127(1) and Article 282(2) of the Treaty on the Functioning of the European Union, the primary objective of the ESCB shall be to maintain price stability."
Source: Official Journal of the European Union
Asset price inflation in Germany was -1.3% at the end of the first quarter of 2024. While prices fell in the middle of last year in the wake of interest rate hikes, they stabilized in the first quarter of 2024 due to possible interest rate cuts.
The turnaround in interest rates led to falling asset prices in the northern countries of the eurozone in mid-2023. In the southern countries, a catch-up effect led to asset prices rising despite rising interest rates.
The FvS Konjunkturindikator (FvS-KI) maps the actual economic activity in Germany on a monthly basis, based on a set of hard real economic data. On the basis of the FvS-KI we carry out business cycle dating for Germany.
We track the development of the real economy in real time. Our activity index and other indicators are updated weekly.
We follow the development of consumer and producer prices. Rising commodity prices can lead to rising wages and thus to rising prices.