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.
In the course of 2021 Germany’s economic recovery has once again perceptibly lost momentum. After the strain brought about at the beginning of the year by the lockdown for the second and third waves of the Covid19 pandemic, manufacturing and construction ...
IW-Forschungsgruppe Gesamtwirtschaftliche Analysen und Konjunktur IW
Hubertus Bardt / Matthias Diermeier / Michael Grömling / Michael Hüther / Thomas Obst IW-Report No. 27 9. August 2021
Supply bottlenecks and price developments for raw materials and inputs
Having experienced strict economic lockdowns, the post-pandemic period various sectors report severe supply side bottlenecks and price increases for intermediate goods.
Hubertus Bardt / Matthias Diermeier / Michael Grömling / Michael Hüther / Thomas Obst IW
This website uses necessary cookies to ensure the operation of the website. An analysis of user behavior by third parties does not take place. You can find detailed information about the use of cookies in our privacy policy.
