This article examines the development of the HWWI-Rohstoffpreisindex in 2025. The analysis focuses on the price dynamics of Germany’s key imported raw materials and the contributions of individual commodity groups. The overall decline of the index during 2025 was largely driven by price movements in energy commodities, whose prices remained…

The German economy is waiting for the economic turnaround. As in the first half of 2025, real gross domestic product (GDP) stagnated in the third quarter. A difficult international environment and the new government’s rather tentative implementation of reforms continued to slow economic development. The US tariff dispute dragged on…

Recently, there is a growing interest in understanding how individuals adapt to changing climate conditions and climate-induced extreme weather events. An underexplored question is whether and how climate-related natural hazards affect household saving behavior. For this purpose, we exploit a natural experiment stemming from the European Flood of August 2002.…