IDEAS home Printed from https://ideas.repec.org/a/diw/diwdwr/dwr9-11-3.html
   My bibliography  Save this article

German Economy Remaining Strong amidst Uncertainties: DIW Economic Outlook

Author

Listed:
  • Claus Michelsen
  • Martin Bruns
  • Marius Clemens
  • Max Hanisch
  • Simon Junker
  • Konstantin A. Kholodilin
  • Thore Schlaak

Abstract

Although the economic boom in Germany is over, a recession is not looming. The economy is still expected to grow by 1.0 percent this year despite its recent weaker performance. Consumption remains a mainstay of the economy; the average annual increase in the number of employees is likely to be just under half a million. At 1.5 percent, inflation is barely dampening purchasing power and together with fiscal policy stimuli, it will lead to a noticeable increase in private consumption. Foreign demand, on the other hand, is developing moderately due to China’s weakening economy and the fact that the industrial sector is losing momentum in many important export markets. The enormous political risks will dampen corporate investment as well.

Suggested Citation

  • Claus Michelsen & Martin Bruns & Marius Clemens & Max Hanisch & Simon Junker & Konstantin A. Kholodilin & Thore Schlaak, 2019. "German Economy Remaining Strong amidst Uncertainties: DIW Economic Outlook," DIW Weekly Report, DIW Berlin, German Institute for Economic Research, vol. 9(11/12), pages 102-105.
    • Handle: RePEc:diw:diwdwr:dwr9-11-3
    as

    Download full text from publisher

    File URL: https://www.diw.de/documents/publikationen/73/diw_01.c.616941.de/dwr-19-11-3.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Business cycle forecast; ecoomic 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
    • F01 - International Economics - - General - - - Global Outlook

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:diw:diwdwr:dwr9-11-3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bibliothek (email available below). General contact details of provider: https://edirc.repec.org/data/diwbede.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.