Dieter Wermuth, Economist and Partner at Wermuth Asset Management Since April 2020 Germany’s terms of trade have been a free fall. This is the ratio

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Last week I had argued that European inflation rates would soon come down significantly – a

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Analysts largely agree that European consumer price inflation rates are about to fall sometime soon, from

Dieter Wermuth, Economist and Partner at Wermuth Asset Management While consumers, businesses and other buyers pay record prices for electricity these days, the cost of

Dieter Wermuth, Economist and Partner at Wermuth Asset Management It was predictable – after the economic statistics of recent weeks the GDP forecasts for next

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Less than three years ago, the main concern of policy makers was deflation. When the price

Dieter Wermuth, Economist and Partner at Wermuth Asset Management All leading indicators are flashing red. A new global recession looks almost inevitable, in Germany, in

Dieter Wermuth, Economist and Partner at Wermuth Asset Management I exaggerate: no question that Austria, in terms of GDP per capita, is one of the

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Christine Lagarde has announced last Thursday that policy rates will be raised two more times this

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Here is a back-of-the-envelope calculation of the likely additional cost of household energy in 2023. It

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Impressed by unusually high inflation rates, media and politicians worry that the economy and the standard

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Hard to believe: if euro area consumer prices had increased by an average annual rate of