1. Home
  2. Studies
  3. No Recession Despite Imponderabilities
IW-Forschungsgruppe Konjunktur IW-Trends No. 3 25. September 2011 No Recession Despite Imponderabilities

IW Forecast for Germany Autumn 2011

Download PDF
No Recession Despite Imponderabilities
IW-Forschungsgruppe Konjunktur IW-Trends No. 3 25. September 2011

No Recession Despite Imponderabilities

German Economic Institute (IW) German Economic Institute (IW)

IW Forecast for Germany Autumn 2011

Germany’s growth will slow markedly. In spite of the resurgence of financial market problems, a recession seems, nevertheless, improbable. Real GDP will increase by 3 percent in 2011. In 2012, German exports will increase only moderately and dampen corporate investment. Because of the ongoing positive labor market private consumption will continue to buttress the business cycle. In 2012, the German economy will merely grow by 1 ¼ percent. Despite the weakening of the economy there will be more than 41 million employees. The number of registered unemployed will sink to 2.8 million on average. With a deficit of 7 billion euro and a deficit ratio of ½ percent of the GDP the national budget will almost be balanced.

Download | PDF

Download PDF
No Recession Despite Imponderabilities
IW-Forschungsgruppe Konjunktur IW-Trends No. 3 25. September 2011

No Recession Despite Imponderabilities

German Economic Institute (IW) German Economic Institute (IW)

More on the topic

Read the article
Economic and Structural Influences Drive a Trend Reversal
Klaus-Heiner Röhl / Gerit Vogt IW-Trends No. 4 5. December 2023

Corporate Insolvencies on the Increase

After a prolonged decline, the number of corporate insolvencies has begun to rise again. The slight increase in 2022 could be interpreted as a step towards normalisation after the sharp drop experienced during the 2020/21 Covid19 pandemic.

IW

Read the article
Jürgen Matthes / Michael Grömling / Markus Demary / Björn Kauder / Berthold Busch / Gero Kunath / Thomas Obst External Publication 25. October 2023

Why Price Stability Matters

As of March 2023, overall infation is declining in Europe. However, core infation levels continue to remain well above the 2% mandate of the European Central Bank (ECB). In fact, the current bout of infation should continue to weaken as and when supply-chain ...

IW

More about this topic

Content element with id 8880 Content element with id 9713