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Deutsche Konjunktur im Aufschwung - aber Gegenwind von der Wirtschaftspolitik: Gemeinschaftsdiagnose Frühjahr 2014

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  • Projektgruppe Gemeinschaftsdiagnose

Abstract

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 moderate, at 1.3 percent. Employment growth is expected to remain strong in 2014. In 2015, GDP is expected to rise by 2.0 percent, the rise in consumer prices will accelerate to 1.8 percent. However, the economy is experiencing headwinds from economic policy, including reforms to the pension system and the introduction of a minimum wage in 2015.[...] Die deutsche Wirtschaft befindet sich im Frühjahr 2014 im Aufschwung. Das Bruttoinlandsprodukt wird in diesem Jahr voraussichtlich um 1,9 Prozent steigen. Das 68-Prozent- Prognoseintervall reicht dabei von 1,2 Prozent bis 2,6 Prozent. Treibende Kraft ist die Binnennachfrage. Der Anstieg der Verbraucherpreise fällt mit 1,3 Prozent im Jahr 2014 moderat aus. Die Zahl der Erwerbstätigen dürfte im Jahr 2014 noch einmal kräftig steigen. Die Konjunktur erhält allerdings Gegenwind von der Wirtschaftspolitik. So ist die abschlagsfreie Rente ab 63 ein Schritt in die falsche Richtung, und die Einführung des Mindestlohns wird im Jahr 2015 den Beschäftigungsanstieg dämpfen.

Suggested Citation

  • Projektgruppe Gemeinschaftsdiagnose, 2014. "Deutsche Konjunktur im Aufschwung - aber Gegenwind von der Wirtschaftspolitik: Gemeinschaftsdiagnose Frühjahr 2014," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 81(16/17), pages 335-412.
  • Handle: RePEc:diw:diwwob:81-16-1
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    Keywords

    Business cycle forecast; economic outlook;

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions
    • F1 - International Economics - - Trade

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