Thursday, 09 October 2014
The leading economic research institutes emphasize their expectations together. Gross domestic product will rise significantly less than previously thought. Also on the labor market of the future wind blows a little rougher.
Leading economic researchers are more skeptical of the German economy. Economists expect only 1.3 percent growth for 2014, as is apparent from the autumn survey for the federal government. Next year there will be only a meager growth of 1.2 percent. Until now, experts had estimated a sharp rise in the gross domestic product by 1.9 percent next year and 2.0 percent
“The German economy is therefore in a -. Although not too strong – downturn. ” After shrinking the economic power in the spring it had probably been only a stagnation in the summer. “The economic engine is hardly back up to speed.”
The reason for the dwindling optimism called economists that demand only moderately dressed and mainly the Euro-zone is recovering slower than hoped. Moreover, the mood of the domestic consumer has deteriorated and the companies were reluctant to invest. “International crises such as the still smoldering Russian-Ukrainian conflict and the armed conflict in Syria and Iraq clouded the economic outlook in addition one.”
Company holding money together
hardly speak something about it that the company took off their reluctance to invest soon. The company will increase their expenditure on plant and machinery in this and next year by around four percent. In spring, the researchers had still predicted increases of just under six and over eight percent.More on the topic
The weaker economic strikes, according to the institutions and the job market. The number of unemployed in 2014 will fall slightly to 2.91 million in 2015 but rise again to 2.96 million. Nevertheless, there will be in two years, record employment.
The “community diagnosis” is created by four economic research institutes, including the Berlin DIW, the Munich-based Ifo, the Essen-based RWI and the IWH are from Halle. It serves the Federal Government as a basis for their own forecast, which in turn is based on the assessment of the tax. Most recently, the OECD and the International Monetary Fund had expressed pessimistic for the German economy.