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Gunter Grittmann
Head of Information and Communication
E-mail: grittmann@zew.de
Phone: +49 (0)621-1235-132
Fax: +49 (0)621-1235-255
Kathrin Böhmer
Public Relations Officer
E-mail: boehmer@zew.de
Phone: +49 (0)621-1235-103
Fax: +49 (0)621-1235-225
After a weak winter half year, the German economy is on the rise again. The institutes forecast an increase of the real GDP by 0.9 per cent for 2012 and by 2.0 per cent for 2013. The situation on the labour market will improve further and the number of unemployed persons will decrease to 2.8 million in 2012. read more
In the summer of 2011, the outlook for the global economy clearly deteriorated. Especially the sovereign debt crisis is threatened to turn into a bank crisis among Europe. This is increasingly affecting the German economy. The grown insecurity will put at risk domestic demand, and foreign trade might stop contributing to the expansion due to the difficult situation of important trading partners. read more
In the spring of 2011, the global economy is on the upswing, in particular due to the momentum in emerging economies. Germany is also experiencing a strong economic recovery. The institutes expect that the German Gross Domestic Product (GDP) will increase by 2.8 per cent this year and by 2.0 per cent in 2012. For 2011 and 2012, an unemployment rate of 6.9 per cent and 6.5 per cent, respectively, is expected. read more