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Real estate

Analyses of the situation in the construction sector and studies on the real-estate market both in Germany as a whole and in selected centres in Germany and abroad.

31 (31-31)
January 28, 2013
Region:
We expect a recovery to set in approximately in spring this year on the back of a stabilising euro area and more buoyant emerging markets. Owing to the low starting point, however, annual average growth will probably come to no more than 1/4% in 2013. Nonetheless, the labour market is expected to remain relatively stable. With oil prices forecast to stabilise, consumer prices will probably rise less strongly this year. Public-sector budgets look set to deteriorate for cyclical reasons in 2013. However, with a deficit of only about 1/2% of GDP, Germany would still be in an excellent position by international standards. [more]
31
2.8.0