Germany Economic Forecast

Germany Economic Outlook

December 20, 2016

The abrupt slowdown in the German economy in Q3 was confirmed by more complete data released by the Statistics Institute in November. Continued strong private consumption growth, which benefitted from record pension increases, healthy wage growth and low inflation, was not enough to overcome the negative contribution to growth from net trade. Exports contracted in Q3, brought down by increased uncertainty in the international trading environment. Early data for Q4 paint a mixed picture with consumer confidence and retail sales trending downwards, while business confidence and industrial production stay robust and exports improve. In the political arena, Angela Merkel announced her intention to seek a fourth term as Chancellor in next year’s parliamentary election, which is expected to be closely fought in light of the rise of the far-right AfD party.

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 Yield0.386.92 %Jan 19
Exchange Rate1.06-0.77 %Jan 19
Stock Market11,597-0.02 %Jan 19

Germany Economic Growth

December 20, 2016

GDP growth is expected to turn out softer in 2017, as global uncertainty continues to weigh on Germany’s export sector. As such, domestic demand, supported by a tightening labor market and strong wage growth, should continue to be the main engine of growth. Our panel expects GDP to grow 1.4% in 2017, which is unchanged from last month’s forecast. For 2018, the panel expects GDP growth of 1.6%.

Germany Economic News

Search form