28.09.2023 • 24/2023
Joint Economic Forecast 2/2023: Purchasing power returns ‒ political uncertainty high
According to the Joint Economic Forecast, Germany's gross domestic product declines by 0.6% in 2023. This is a strong downward revision of 0.9 percentage points from the forecast made in spring 2023. "The most important reason for this revision is that industry and private consumption are recovering more slowly than we expected in spring," says Oliver Holtemöller, Vice President and Head of the Macroeconomics Department at the Halle Institute for Economic Research (IWH).
Oliver Holtemöller
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07.09.2023 • 23/2023
The German economy continues its downturn
High inflation, increased interest rates, weak foreign demand and uncertainty among private households and firms are currently weighing on the German economy. In its autumn forecast, the Halle Institute for Economic Research (IWH) expects gross domestic product (GDP) to decline by 0.5% in 2023 and to increase by 0.9% in 2024.
Oliver Holtemöller
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IWH-DPE Call for Applications – Fall 2024 Intake
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Media contacts before Joint Economic Forecast Spring 2024
Media contacts before the publication of the Joint Economic Forecast from Oliver Holtemöller, March 8, 2024 Dear all, During the three weeks before the publication of the joint…
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Charts
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Media contacts before Joint Economic Forecast Spring 2023
Media contacts before the publication of the Joint Economic Forecast Spring 2023 from Oliver Holtemöller, March 16, 2023 Dear all, During the three weeks before the publication of…
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Behaviour
The maths behind gut decisions First carefully weigh up the costs and benefits and then make a rational decision. This may be the way we want it to be. But in reality, invisible…
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