Impact on OECD forecast 2025: Economic growth in Germany and worldwide.

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According to an OECD forecast, the German economy will continue to weaken through 2025, with growth of 0.6 percent in 2024 and 1.2 percent in 2025. Effects such as rising wages, falling inflation and high interest rates are weighing on housing construction and export demand for capital goods from Germany. Forecast and impact The OECD forecast shows that Germany is lagging behind other industrialized countries, which could have a negative impact on the market and the financial sector. The low growth and uncertainty resulting from the budget crisis could lead to a lack of investment and lower consumer demand. This could also lead to higher unemployment and an overall...

Laut einer Prognose der OECD wird die deutsche Wirtschaft bis 2025 weiterhin schwächeln, mit einem Wachstum von 0,6 Prozent im Jahr 2024 und 1,2 Prozent im Jahr 2025. Auswirkungen wie steigende Löhne, sinkende Inflation und hohe Zinssätze belasten den Wohnungsbau und die Exportnachfrage nach Investitionsgütern aus Deutschland. Prognose und Auswirkungen Die OECD-Prognose zeigt, dass Deutschland hinter anderen Industrieländern zurückbleibt, was sich negativ auf den Markt und die Finanzbranche auswirken könnte. Das niedrige Wachstum und die Verunsicherung in Folge der Haushaltskrise könnten zu einem Mangel an Investitionen und geringerer Konsumnachfrage führen. Dies könnte auch zu einer höheren Arbeitslosigkeit und einem insgesamt …
According to an OECD forecast, the German economy will continue to weaken through 2025, with growth of 0.6 percent in 2024 and 1.2 percent in 2025. Effects such as rising wages, falling inflation and high interest rates are weighing on housing construction and export demand for capital goods from Germany. Forecast and impact The OECD forecast shows that Germany is lagging behind other industrialized countries, which could have a negative impact on the market and the financial sector. The low growth and uncertainty resulting from the budget crisis could lead to a lack of investment and lower consumer demand. This could also lead to higher unemployment and an overall...

Impact on OECD forecast 2025: Economic growth in Germany and worldwide.

Laut einer Prognose der OECD wird die deutsche Wirtschaft bis 2025 weiterhin schwächeln, mit einem Wachstum von 0,6 Prozent im Jahr 2024 und 1,2 Prozent im Jahr 2025. Auswirkungen wie steigende Löhne, sinkende Inflation und hohe Zinssätze belasten den Wohnungsbau und die Exportnachfrage nach Investitionsgütern aus Deutschland.

Prognosis and effects

The OECD forecast shows that Germany is lagging behind other industrialized countries, which could have a negative impact on the market and the financial sector. The low growth and uncertainty resulting from the budget crisis could lead to a lack of investment and lower consumer demand. This could also lead to higher unemployment and an overall decline in the economy.

OECD recommendations and possible solutions

According to OECD expert Isabell Koske, it is crucial to solve the budget crisis quickly in order to create planning security and confidence in the future. Recommended solutions include cuts on the expenditure side, increases on the revenue side and a reform of the debt brake. The OECD also recommends a review and reduction of climate-damaging subsidies and a reduction in bureaucracy.

conclusion

It is crucial that German policymakers respond quickly to the fiscal crisis in order to get the economy back on the growth path. Interest rate cuts by the European Central Bank could help, but bringing inflation down to the ECB's long-term target remains more important.

According to a report by amp.dw.com

Read the source article at amp.dw.com

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