Joint Economic Forecast

The Joint Economic Forecast analyses and forecasts the economic situation in Germany. The forecasts are conducted twice a year: one forecast is published in spring followed by another in autumn. The Joint Economic Forecasts act as a point of reference fort he forecasts made by the German federal government. The Joint Economic Forecast is a joint research project conducted by several economic research institutes. Their cooperation is characterised by a dialogue between different competing theoretical and methodical approaches, forming the best possible basis for analysis and forecasts.

Cover Gemeinschaftsdiagnose

Current Results

Facts 27 Mar 2024

The five leading economic research institutes believe that the German economy is in trouble. In their spring report, they have revised their forecast for the current year significantly downward and now only expect economic output to grow by 0.1%.

Facts 28 Sep 2023

The Joint Economic Forecast Project Group forecasts a 0.6% decline in Germany’s gross domestic product for 2023. For 2024, the forecast is 1.3%. The inflation rate is expected to be 6.1% in 2023 and to fall to 2.6% in 2024.

Facts 5 Apr 2023

The leading economic research institutes expect GDP to increase by 0.3% in the current year and by 1.5% in 2024. At 6.0%, the inflation rate in 2023 will be only slightly lower than in the previous year. The rate is not expected to fall noticeably until next year, in particular due to declining energy prices.

Upcoming Release Date

Einen Termin in den Kalender eintragen

Joint Economic Forecast
25 Sep 2024 10:00

Contact
Prof. Dr. Timo Wollmershäuser, Stellvertretender Leiter des ifo Zentrums für Makroökonomik und Befragungen

Prof. Dr. Timo Wollmershäuser

Deputy Director of the ifo Center for Macroeconomics and Surveys and Head of Forecasts
Tel
+49(0)89/9224-1406
Fax
+49(0)89/907795-1406
Mail
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