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German GDP is expected to increase by 1.8 percent (2015), 2.1 percent (2016), and 2.3 percent (2017). Economic activity is driven by consumer spending that increases in the upcoming years by about 2 percent per year due to strong increases in real disposable income.
Persistent link: https://www.econbiz.de/10012143282
German GDP is expected to increase by 1.8 percent (2015), 2.2 percent (2016), and 2.3 percent (2017). With capacity utilization currently being at normal levels, Germany is on the road to overheating in the next years. GDP growth is backed by high growth rates in private consumption. In addition...
Persistent link: https://www.econbiz.de/10012143284
The German economy remains robust in a difficult international climate. In the current year, we expect GDP to increase by 2 per cent. That represents a reduction of 0.2 percentage points from our earlier forecast, mainly due to a slowdown in exports caused by sluggish growth in foreign markets...
Persistent link: https://www.econbiz.de/10012143287
The economic upswing in Germany is set to continue. GDP is likely to grow 1.9 percent this year and 2.1 percent next year. Strong domestic drivers remain the dominant factors. The significantly lower number of refugees arriving since the start of the year will be mainly reflected in a somewhat...
Persistent link: https://www.econbiz.de/10012143289
The economic upswing in Germany is set to continue despite heavy headwinds from abroad. We expect GDP to grow by 1.7 percent in 2017 and by 2.1 percent in 2018 after an increase of 1.9 percent in the current year. The slight deceleration in GDP growth in 2017 is due to temporary factors, in...
Persistent link: https://www.econbiz.de/10012143291
The expansion in Germany is set to continue despite headwinds from abroad. We leave our forecast as of autumn unchanged and expect GDP to grow by 1.9 percent in 2016 and by 1.7 percent in 2017. The effects of the Brexit-vote on the German economy will be modest in this period. The long-run...
Persistent link: https://www.econbiz.de/10012143293
The expansion in Germany continues. We leave our forecast as of December 2016 unchanged and expect GDP to grow by 1.7 percent in 2017 and by 2 percent in 2018. The somewhat weaker growth rate in 2017 results from the lower number of working days. Overall, the expansion is set to broaden. While...
Persistent link: https://www.econbiz.de/10012143296
German GDP is expected to increase by 1.8 percent (2015), 2.1 percent (2016), and 2.3 percent (2017). Economic activity is driven by consumer spending that increases in the upcoming years by about 2 percent per year due to strong increases in real disposable income.
Persistent link: https://www.econbiz.de/10012063530
The expansion in Germany continues. We leave our forecast as of December 2016 unchanged and expect GDP to grow by 1.7 percent in 2017 and by 2 percent in 2018. The somewhat weaker growth rate in 2017 results from the lower number of working days. Overall, the expansion is set to broaden. While...
Persistent link: https://www.econbiz.de/10012060787
The expansion in Germany is set to continue despite headwinds from abroad. We leave our forecast as of autumn unchanged and expect GDP to grow by 1.9 percent in 2016 and by 1.7 percent in 2017. The effects of the Brexit-vote on the German economy will be modest in this period. The long-run...
Persistent link: https://www.econbiz.de/10012061430