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Press Release

Joint Economic Forecast Autumn 2015: German economy stable but needs effective policies to nurture growth

The German economy is experiencing a moderate upturn. Gross domestic product will increase by 1.8 percent in 2015 and in 2016 respectively. Growth will be driven by private consumption. In view of the world economy’s modest growth, exports are only expected to rise slightly, especially as the stimulating effect of the euro’s depreciation gradually starts to fade. There will be a more rapid ...

08.10.2015
Press Release

Economic output in Germany will increase by 1.8 percent in 2015 and 1.9 percent in 2016

The euro area continues to recover – emerging countries’ economies are faltering – public budget with surplus despite challenges posed by increasing number of refugees  The German economy remains on track, even as things are getting rockier: The researchers at the German Institute for Economic Research (DIW Berlin) forecast a 1.8 percent increase in GDP for this year and a ...

18.09.2015
Interview

"The Situation in the Euro Area Continues to Present Risks": Eight Questions to Ferdinand Fichtner

Mr. Fichtner, the German economy has been in pretty good shape so far this year. Will the trend continue? The German economy is doing well overall, and prospects for the remainder of the year are also favorable. We expect to achieve a growth rate of just under two percent for the entire year and for the coming year, as well. This is already quite good for the German economy. [...] The interview ...

17.09.2015
Press Release

25 Years Later: DIW Berlin's Experts analyse German and European Monetary Union

German monetary union on July 1, 1990 was politically necessary despite painful economic consequences – Greece, similar to the GDR back in the 1980s, in urgent need of reform – the crisis of European monetary union potentially boosts integration Precisely 25 years ago, on July 1, 1990, German monetary union came into force. On the same day, capital controls in Europe were abolished, creating ...

02.07.2015
Press Release

Upswing of German Economy Prevails, Bolstered by Strong Domestic Demand

GDP is set to grow by 1.8 percent this year and 1.9 percent next year – the global economy is slowly picking up steam, and the euro area is showing solid growth performance – possible risks such as Greece leaving the euro area are creating a strain on the economy The German economy is continuing on an upward trend but, due to unexpectedly weak growth at the beginning of the year, will ...

25.06.2015
Interview

"Robust Growth in a Difficult Environment": Eight Questions to Ferdinand Fichtner

Dr. Fichtner, will the German economy perform as well in the second half of 2015 as it did in the first half of the year? We assume that the German economy will lose some of its momentum. One-off effects such as plummeting oil prices played a major role in the strong gains made during the winter months. These effects are now petering out but, nevertheless, economic growth in Germany is expected to ...

25.06.2015
Press Release

Refurbishing Buildings for Energy Efficiency: Could an Energy Efficiency Fund Serve as a Supplementary Financing Model?

To increase the rate at which residential building undergo refurbishments for energy efficiency, innovative financial solutions also need to be considered. For example, some property owners who are currently hesitant to implement thermal retrofit might be encouraged if the investment is funded by a third party (fund) and refinanced based on the energy costs saved with the efficiency measure. Such financing ...

06.05.2015
Press Release

Joint Economic Forecast Spring 2015: A Strong Upswing Thanks to Cheap Oil and a Weak Euro

The German economy is experiencing a strong upturn driven by unexpected expansive impulses, especially the falling oil price and the sharp depreciation of the euro. Gross domestic product is expected to increase by 2.1 percent this year. The 68 percent projection interval ranges from 1.1 percent to 2.8 percent. Consumption is the driving force behind the upturn. The rest of the euro area is also expected ...

16.04.2015
Press Release

The German economy is growing strongly — no signs of overheating

DIW economic experts are forecasting a growth of 2.2 percent in 2015, which should stand at 1.9 percent in 2016 - capacity utilization at nearly normal levels - foreign markets less important than before the crisis - primary growth driver is private consumption based on a good labor market - surpluses in public budgets remain high - international risks remain significant The German economy, which ...

19.03.2015
Interview

"German Economy: Solid Dynamics - Weak Investments." Seven Questions to Ferdinand Fichtner

The interview with Dr. Ferdinand Fichtner is published in DIW Economic Bulletin 11/2015. It is available for Download as pdf-document More issues of DIW Economic Bulletin

19.03.2015
Economic Bulletin

German Construction Industry: New Residential Construction at Cyclical Peak - Public Construction Gaining Ground

The construction industry remains a key pillar of the German economy. According to the latest construction volume calculations by DIW Berlin, the value of construction in 2014 and 2015 is forecast to grow far more rapidly than the economy as a whole: by a price-adjusted 3.3 percent and 2.1 percent in 2014 and 2015, respectively. Currently, new residential construction is an important engine for growth ...

14.01.2015| Martin Gornig, Claus Michelsen
Press Release

German Economy to Overcome Temporary Weakness

The German economy has veered back on an upward course, after weak growth in the summer semester 2014. In this projection, real GDP is estimated to grow by 1.5 percent in 2014, by 1.4 percent in 2015 and by 1.7 percent in 2016. Inflation is projected to remain low, with 0.9 percent in 2014, 0.7 percent in 2015 and 1.4 percent in 2016. The growth rate of the global economy rose slightly in the third ...

17.12.2014
Press Release

Fiscal Policy: Realize The Need For Action - Take Measures!

The situation of public budgets is relaxed and will remain so in the years 2015 and 2016 - despite a slight weakening in the coming year. In 2014, the overall budget is estimated to show a surplus of 0.5 percent relative to nominal gross domestic product; next year the surplus will shrink to 0.1 percent - mainly due to the increased pension payments - and in 2016it will reach 0.4 percent. The debt ...

17.12.2014
Press Release

German Construction Industry: New Residential Construction at Economic Peak - Public Construction Gaining Ground

The construction industry remains a key pillar of the German economy. According to the latest construction volume calculations by DIW Berlin, the value of construction in the current and coming year is forecast to grow far more rapidly than the economy as a whole: by a price-adjusted 3.3 percent in 2014 and 2.1 percent in 2015. Currently, new residential construction is an important engine for growth ...

26.11.2014
Economic Bulletin

European Unemployment Insurance: Economic Stability without Major Redistribution of Household Incomes

by Ferdinand Fichtner and Peter Haan in: DIW Economic Bulletin 10/2014 Depending on how it is structured, the introduction of a European unemployment insurance within the euro area could make a significant contribution to stabilizing economic developments. This even applies to a relatively small-scale system (based on the volume of transfers) with a maximum eligibility period of six months and ...

17.11.2014
Economic Bulletin

Making the Euro Area Fit for the Future

by Ferdinand Fichtner, Marcel Fratzscher, Maximilian Podstawski, Dirk Ulbricht in: DIW Economic Bulletin 9/2014 The crisis in the European currency area is not yet over. Although the situation in the financial markets is currently relatively calm, the economic crisis appears to be bottoming out in most countries. Nevertheless, there are still fundamental design flaws in the Monetary Union. If ...

06.11.2014
Economic Bulletin

Stabilizing the European Monetary Union: High Time for More Reforms! Seven Questions to Ferdinand Fichtner

Stabilizing the European Monetary Union: High Time for More Reforms! Seven Questions to Ferdinand Fichtner

06.11.2014
Press Release

German Economy Stagnating - Now Is The Time To Strengthen Growth

The German economy will grow by 1.3 percent this year and by 1.2 percent in 2015, predict the economic research institutes involved in the Joint Economic Forecast in their autumn report. According to the report, Germany’s economy has cooled down markedly. With economic output falling in the second quarter and stagnating in the third quarter of 2014, the engine for economic growth is proving hard ...

09.10.2014
Press Release

2013 "Heat Monitor Germany": Heating Energy Consumption Falls While Costs Rise

The heating market plays a key role in achieving the Federal Government's energy and climate policy objectives. In particular, major savings need to be made in heating residential buildings if the majority of buildings are to be climate-neutral by 2050. In light of this, DIW Berlin and ista Deutschland GmbH have created an up-to-date data basis that is based on the heating energy bills of apartment ...

09.10.2014
Press Release

Pace of Expansion Remains Slow

The German economy will grow by 1.5 percent this year. In the coming year, the increase in GDP will be somewhat higher at 1.8 percent. The jobless rate will be 6.7 percent this year but it will rise by three-tenths of a percentage point in the coming year. Inflation will remain moderate in both years; prices will rise by 1.0 percent this year and 1.5 percent in 2015. Global economic growth was far ...

17.09.2014
133 results, from 81
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