IfW in den Medien

German Institutes Slash 2019 Growth Forecast by More Than Half


Ergebnisse der Gemeinschaftsdiagnose Frühjahr 2019: Konjunktur deutlich abgekühlt.

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(...) The gross domestic product of Europe’s largest economy will expand by 0.8 percent in 2019, the institutes predicted in their latest outlook published Thursday in Berlin. In September, they expected growth of 1.9 percent. “The size of obstacles to domestic production and the scope of the slowdown in the global economy were underestimated,” the institutes wrote. The danger of a “pronounced recession” with several quarters of contraction is low as long as political risks do not intensify, they added.

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