Economic Experts Survey Q2 2023

Evaluating Global Economic Policy Worldwide

This wave of the EES examines economists’ inflation expectations at the global level. Inflation expectations remain at a high level worldwide. Even though it is true that the expected inflation rate for 2023 has declined slowly over the past three quarters, there have been no noticeable changes compared with the previous wave of the EES survey (first quarter of 2023).
 
Additionally, the EES examines economists’ house price expectations on a global level. The result: high increases in property prices are expected worldwide over the next ten years. According to the study, the world’s average annual nominal rate of increase will be 9%. In Germany, the figure is expected to be 7.2%.

The Economic Experts Survey (EES) is a quarterly survey of economic experts worldwide. The EES captures their assessment of the current economic policy and political performance as well as of special questions in their countries. The survey is jointly conducted by the ifo Institute and the Institute for Swiss Economic Policy.