1. Press
  2. Press Releases
  3. 45/2015

German Economy: Strong domestic demand compensates for weak exports

The upturn of the German economy is expected to gain further momentum as a consequence of strong domestic demand. Real gross domestic product is expected to increase by 1.6% in 2016. Consumer prices are expected to rise by 0.9%. Unemployment is expected to rise slightly because it will take time to integrate refugees into the labour market.

Authors Oliver Holtemöller

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Keywords

macroeconomic forecast financial markets monetary policies global economy labour market
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