German Economy: Slowdown in Sight
Claus Michelsen and
DIW Weekly Report, 2018, vol. 8, issue 24, 210-216
Compared to last year, the German economy is weakening noticeably. Orders from abroad are decreasing and domestic companies are holding back on investments. However, capacity utilization remains high—also because the government will boost the incomes of private households next year. However, above all, incomes are rising noticeably due to the positive situation in the labor market: the unemployment rate will fall to 5.2 percent this year and 4.9 percent next year. All in all, the German economy will grow by 1.9 percent this year and 1.7 percent in 2019.
Keywords: Business cycle forecast; economic outlook (search for similar items in EconPapers)
JEL-codes: E32 E66 F01 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:diw:diwdwr:dwr8-24-3
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DIW Weekly Report is currently edited by Pio Baake, Tomaso Duso, Marcel Fratzscher, Peter Haan, Claudia Kemfert, Alexander Kritikos, Alexander Kriwoluzky, Stefan Liebig, Lukas Menkhoff, Claus Michelsen, Karsten Neuhoff, Carsten Schröder, C. Katharina Spieß, Katharina Wrohlich, Gritje Hartmann and Wolf-Peter Schill
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