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Leasing and Asset Investment Rise at the Same Pace – Moderate Growth Also Expected for 2016

Arno Städtler
ifo Institut, München, 2015

ifo Schnelldienst, 2015, 68, Nr. 23, 67-77

With strong growth of 8.3% in 2014, leasing on the whole performed far better than overall capital expenditure, as shown by the results of the latest Ifo Investment Survey of German leasing companies. Average growth of 3% in new business will be achieved in 2015, taking this figure up to 52.2 billion euros. According to the latest forecasts, equipment expenditure is also expected to rise in 2016 by 4% in both nominal and real terms.

JEL Classification: L890

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ifo Institut, München, 2015