Joint Economic Analyses
Twice a year, in the spring and autumn, the Joint Economic Forecast Project Team prepares a report on the state of economic activity in the world and in the German economy for the Federal Ministry of Economics and Technology.
Joint Economic Forecast Autumn 2013
Oct 17, 2013: The German economy is on the verge of an upturn driven by domestic demand. The improving global economic climate and decreasing uncertainty are fuelling investment. Private consumption is benefitting from favourable employment and income prospects. Real gross domestic product looks set to grow by 1.8 percent in 2014, after an increase of just 0.4 percent this year. Consumer prices are expected to rise by a moderate 1.6 percent this year and by 1.9 percent next year. The German public budget will continue to show a surplus. Details