Economic Outlook

Joint Economic Forecast 1/20: Economy in Shock – Fiscal Policy to Counteract

Joint Economic Forecast, #1/2020 Download PDF

Cover Joint Economic Forecast 2/20

The coronavirus pandemic is triggering a severe recession in Germany. Economic output will shrink by 4.2 percent this year. This is what the leading economics research institutes expect in their spring report. For next year, they are forecasting a recovery and growth of 5.8 percent.


Oliver Holtemöller
Claus Michelsen
Timo Wollmershäuser
Torsten Schmidt