Article in Journal

ifo Economic Forecast 2017/2018: Germany’s Economy Is Strong and Stable

Timo Wollmershäuser, Wolfgang Nierhaus, Nikolay Hristov, Dorine Boumans, Marcell Göttert, Christian Grimme, S. Lauterbacher, Robert Lehmann, Wolfgang Meister, Andreas Peichl, Magnus Reif, F. Schröter, Tobias Schuler, Marc Stöckli, Klaus Wohlrabe, Anna Wolf, Christoph Zeiner
ifo Institut, München, 2017

ifo Schnelldienst, 2017, 70, Nr. 12, 30-83

The upturn in the German economy that began in 2013 is growing broader and gaining impetus. The ifo Institute expects real gross domestic product to grow by 1.8% this year and by 2.0% in 2018. As in previous years, economic developments are being driven by buoyant consumer demand among private households and brisk construction activity. Exports will make a rising contribution to the upswing.

JEL Classification: F010, O100

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ifo Institut, München, 2017