Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/157338
Authors: 
Fichtner, Ferdinand
Brenke, Karl
Clemens, Marius
Junker, Simon
Michelsen, Claus
Schlaak, Thore
van Deuverden, Kristina
Year of Publication: 
2017
Citation: 
[Journal:] DIW Economic Bulletin [ISSN:] 2192-7219 [Volume:] 7 [Year:] 2017 [Issue:] 11 [Pages:] 129-132
Abstract: 
The German economy's upward growth trend continues, with the economic output expected to increase by 1.4 percent this year with slightly overloaded capacities. Employment growth remains strong with the creation of 600,000 new jobs, which has in turn led to an increase in private consumption - one of the key growth drivers of the German economy. The higher inflation rates are dampening purchasing power, but they will subside later on in the forecast period. The high public budget surpluses will experience a sharp decline. Investment, on the other hand, remains weak, partially due to the fact that Brexit and Trump are creating uncertainty for German exporters. Frictions in the financial markets that may arise as a result of the upcoming elections - in France and the Netherlands, for example - could present risks for the real economy.
Subjects: 
business cycle forecast
economic outlook
JEL: 
E32
E66
F01
Document Type: 
Article

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