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In spring 2014, the German economy is experiencing an upturn. Gross domestic product (GDP) is forecast to increase by 1.9 percent this year, the 68-percent forecast interval ranges from 1.2 percent to 2.6 percent. The driving force is domestic demand. The rise in consumer prices this year is...
Persistent link: https://www.econbiz.de/10011128443
The German economy is on the verge of an upturn driven by domestic demand. The improving global economic climate and decreasing uncertainty are fuelling investment. Private consumption is benefitting from favourable employment and income prospects. Real gross domestic product looks set to grow...
Persistent link: https://www.econbiz.de/10011185745
The German economy is experiencing a strong upturn driven by unexpected expansive impulses, especially the falling oil price and the sharp depreciation of the euro. Gross domestic product is expected to increase by 2.1 percent this year. The 68 percent projection interval ranges from 1.1 percent...
Persistent link: https://www.econbiz.de/10011265366
The German economy will grow by 1.3 percent this year and by 1.2 percent in 2015, predict the economic research institutes involved in the Joint Economic Forecast in their autumn report. According to the report, Germany’s economy has cooled down markedly. With economic output falling in the...
Persistent link: https://www.econbiz.de/10011266578