Germany Economic Forecast

Germany Economic Outlook

May 2, 2017

The German economy continues to gain steam this year, although official figures are still outstanding. Robust external demand is boosting the all-important external sector, which is positively reverberating across the economy. Moreover, domestic growth is also on the upside, mainly propelled by solid developments in the construction sector and healthy sentiment among German manufacturers. Against this backdrop, business confidence rose to a nearly six-year high in April, defying fears of rising trade protectionist policies and the expected tough Brexit negotiations. Consumer confidence remained at high levels in May, partially reflecting a dynamic job market and the continued decline in the unemployment rate, which fell to a new record low in March. On the political front, the 14 May election in North Rhine-Westphalia will be another test to assess Chancellor Angela Merkel’s popularity ahead of the 24 September federal election.

Sample Report

5 years of Germany economic forecasts for more than 30 economic indicators.

Download

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.

Download

Germany Facts

ValueChangeDate
Bond Yield0.41-4.39 %May 10
Exchange Rate1.09-0.20 %May 10
Stock Market12,7570.07 %May 10

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Germany Economic Growth

May 2, 2017

Economic growth will remain robust this year on the back of a strong external sector and resilient domestic demand. Higher inflation, however, will weigh on household consumption, while uncertainty could dampen investment. Our panel expects GDP to grow 1.6% in 2017, which is unchanged from last month’s forecast. For 2018, the panel also expects GDP growth of 1.6%.

Germany Economic News

Search form