The economic researchers of the Kiel Institute for the world economy (IfW) for the current year, with significantly slower economic growth than in the past. The Economists reduced their forecast from 1.8 to 1.0 percent. For the coming year they expect a growth of 1.8 percent.
be the reason for the correction of the weak start to the year for the industry, as well as political uncertainties, trade conflicts and the lack of clarity about the economic state of China. In addition, capacity of the disabled bottlenecks apparently, the production. So there is an unusually high number of companies reporting Production constraints due to shortage of skilled workers and shortages in Material and equipment. The Surplus of the public budgets is expected to decrease according to the analysis.
Previously had already been reduced, the Organisation for economic co-operation and development (OECD) forecast from 1.6 to 0.7 per cent. The Essen-based RWI – Leibniz-Institute corrected its forecast to 0.9 per cent. The Federal government is expected for 2019, a growth of one percent.