1. Research
  2. Products & Topics
  3. Periodicals
  4. Focus Germany

Outlook 2023/24: New global realities

December 19, 2022
Region:
We look at the expected recession in the winter half-year 2022/23 and the onset of recovery, how inflation will peak, while the labor market loses momentum and private consumption is hit by the loss of purchasing power. Construction and Capex spending are set to deteriorate. Fiscal policy continues to lean against the headwinds but should normalize somewhat. Loan growth, both with corporates and private households, may slow substantially. In a medium-term perspective, we discuss risks for the manufacturing industry and Germany’s geopolitical and competitive position. [more]

More documents contained in "Focus Germany"

124 Documents
March 4, 2022
Region:
5
War in Ukraine – slowing but not ending the German recovery. In a moderate economic scenario (which is our new baseline forecast) we expect German GDP to grow by between 2 ½% and 3% (old forecast 4%). [more]
December 15, 2021
Region:
7
4% GDP growth in 2022, despite technical recession in winter half. A synchronous acceleration should result in annual GDP growth of 4%. In 2023, quarterly GDP growth will slow towards trend. [more]
32.9.0