A comparison of apartment price trends by year of construction in Germany's largest cities reveals a notable pattern: While prices for new buildings have experienced a relatively modest decline from their peak, the value of existing properties has fallen by more than twice as much. This finding comes from a comprehensive data analysis conducted by the German Real Estate Index (Greix), a project of ECONtribute and the Kiel Institute. In cooperation with local real estate expert committees, transaction prices of German residential real estate are tracked using state-of-the-art scientific methods. All data for 18 German cities and their suburbs are freely available at www.greix.de.

A brief overview of the market size in Niger, employment statistics in Gabon, and the share of electricity from renewable sources in Morocco: The Kiel Institute’s Africa Monitor is your go-to tool for tracking macroeconomic trends across the continent. The Monitor collates data from public sources and ensures it is always up to date. Its detailed filtering system facilitates precise data searches and tailored visualization. The Africa Monitor will officially be launched at today’s conference “Shaping Africa’s Future: Geopolitics. Business. Sustainability” in Berlin.

In August, global trade shows a clear countermovement to the weak summer months. The values of the Kiel Trade Indicator for global trade and also for the trade of major economies are all positive and, in some cases, show significant increases compared with the previous month of July (adjusted for price and seasonal effects). In Russia's ports, the number of container ships arriving is surging and, despite sanctions and a weak ruble, is almost at the level seen before the outbreak of the war. The congestion off the Panama Canal has only minor importance for global goods trade.