Skiurlaub- günstig mit FeWo-direkt
Espresso der Extra-Klasse


ITS | Jahn | Tjaereborg


Hotelsuche in 
 

REFILE German institute forecasts continued GDP growth, but sees limits

Europe
21.03.2018
By our dpa-correspondent and Europe Online    auf Facebook posten  Auf Twitter posten  
Munich (dpa) - The Munich-based ifo Institute expects the German economy to continue its strong expansion this year and next, despite growing capacity shortages.

Gross domestic product (GDP) is expected to grow by 2.6 per cent in the current year, the economics institute said on Wednesday, keeping the figure unchanged from its last 2018 estimate, which was released in December.

The economists also confirmed their estimate made in December for 2019 GDP growth, at 2.1 per cent.

The German economy is driven by exports, which the institute noted has benefited from recent developments in foreign markets.

"Massive income tax cuts in the US and a strong boom in the eurozone are firing up demand for German products and services," the ifo Institute said in a statement.

But the economy is slowly reaching its limits, it also noted.

"The overload of economic capacities should increase tangibly within the forecast period."

The comments echoed concern by Germany‘s Bundesbank made earlier in the week, which said it also expects the economy to continue its boom, but sees shortages in several industries, such as the construction sector, where demand is outpacing supply.

 

Kommentare zu diesem Artikel
 
Neuer Kommentar
Name *
Email * (wird nicht öffentlich angezeigt)
Kommentar
* Pflichtangaben
 
Diesen Artikel empfehlen

Absender Empfänger Nachricht (optional)
Name
E-Mail

Name
E-Mail
   
 
Weitere Artikel zu diesem Thema
 
Europe
21.03.2018
Vienna (dpa) - Austria is aiming for its first balanced budget next year after six decades of deficits, Finance Minister Hartwig Loeger said in parliament on Wednesday.With the help of Austria‘s healthy economic growth and savings in public
weiter
Europe
29.03.2018
Frankfurt (dpa) - German inflation rose 1.6 per cent in March compared with the same month last year, according to preliminary data released by the Federal Statistical Office on Thursday. The annual inflation rate had been at 1.4 per cent in February
weiter
Europe
21.03.2018
Munich (dpa) - Berlin‘s council of economic advisers and the Munich-based ifo Institute both forecast the German economy to continue its strong expansion this year and next, supported by demand from foreign markets.The economic advisers to
weiter
Europe
26.03.2018
Berlin (dpa) - Eurozone countries should pay 0.35 per cent of their gross domestic product (GDP) into a rainy day fund that would be used to stabilize the eurozone economy in case of emergency, says International Monetary Fund managing director
weiter
Europe
29.03.2018
Nuremberg, Germany (dpa) - Germany‘s unemployment rate ticked downwards in March, hitting 5.3 per cent in seasonally adjusted terms, according to data released Thursday by the country‘s Federal Employment Agency.That represented 19,000
weiter
Europe
29.03.2018
Berlin (dpa) - Refugees in Germany are increasingly being drawn to the skilled crafts sector, reported the German Confederation of Skilled Crafts (ZDH) on Thursday. Looking at trainees who have arrived in Germany from eight countries - including
weiter
 
Tipps der Redaktion aus dem Nachrichtenportal
 
NACHRICHTEN
Berlin (dpa) - Germany‘s newly-minted Economy Minister, Peter Altmaier, has stressed the virtues of open markets and expressed confidence that Europe and the United States can reach a compromise on trade in his first major interview since
London (dpa) - Britain‘s Foreign Office said it is considering a request from Russia to see Yulia Skripal, whose condition has improved after she was poisoned in the city of Salisbury in early March.Skripal is the daughter of former Russian
London (dpa) - Britain‘s Foreign Office said it is considering a request from Russia to see Yulia Skripal, whose condition has improved after she was poisoned in the city of Salisbury in early March.Skripal is the daughter of former Russian
Berlin (dpa) - An ongoing dispute within Germany‘s coalition over the role of Islam in the country re-emerged on Saturday, as party officials gave conflicting messages in interviews published by German media.Just ahead of Easter celebrations
Madrid (dpa) - Former president of Catalonia Carles Puigdemont on Saturday struck a defiant tone in his first public message since being taken into Germany custody last Sunday. "Let it be clear to all: I will not give up, I will not resign, I will
Seoul (dpa) - North Korean leader Kim Jong Un praised the International Olympic Committee (IOC) for its role in helping bring about a "dramatic thawing season" on the Korean Peninsula, North Korea‘s state media reported on Saturday.North
 
Tipps der Redaktion aus dem Reiseportal
 
REISEPORTAL
Pyeongchang, South Korea (dpa) - Norway‘s Marit Bjoergen wins the 30-kilometres cross country ski race to become the best decorated Winter Olympian of a all time with eight gold, four silver and three bronze.
Pyeongchang, South Korea (dpa) - China highlighted that construction for the Beijing 2022 Winter Olympics is in full swing while trying to defuse questions on the sensitive issue of artificial snow-making at the ski venues.Organizing committee BOCOG
Berlin (dpa) - Figure skating events at the Pyeongchang Olympics, with day and time (in GMT), 2014 champions and athletes to watch.Monday, February 12, 0100: team event (Russia) Thursday, February 15, 0130: pairs (Tatiana Volosozhar/Maxim Trankov,
Seoul (dpa) - An overview of venues to be used to the Pyeongchang Winter Olympic Games in 2018.Pyeongchang Mountain ClusterLocated around 180 kilometres east of Seoul in the Gangwon province. Here there is the 35,000-capacity Olympic stadium for the
Frankfurt (dpa) - Germany will be unable to host an Olympic Games inside the next decade but the subject will not remain closed, a leading official has said."The overall topic of a potential bid has rather a mid- or long-term character," German
Pyeongchang, South Korea (dpa) - The International Olympic Committee advanced plans on Thursday to set up an independent anti-doping testing system following the drugs scandal in Russian sports.The World Anti-Doping Agency (WADA) is also set to
Wetter

Stuttgart


(23.07.2018 09:36)

16 / 26 °C


24.07.2018
17 / 29 °C
25.07.2018
18 / 30 °C
powered by wetter.com
Stock News

Agenda - The Week Ahea ...
Agenda - The Week Ahea ...

Afghan Farah Governor ...
Ministry Warns Cinema ...

5TH LEAD Palestinians ...
German Economy Ministe ...

URGENT: Norway's Bjoe ...
China highlights Beiji ...

banner

banner

banner

banner

© europe online publishing house GmbH, Weiden, Germany, info@europeonline-magazine.eu | Impressum