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Retail Market Overview

Germany | 4th quarter 2017

Report

Anbieter: JLL

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  • Erscheinungsweise: Quartalsweise
  • Berichtszeitraum: 4. Quartal 2017
  • Erscheinungsdatum : 15.01.2018
  • Seiten : 12 Seiten
  • Datei-Typ : PDF-Datei
  • Größe : 1,63 MB
  • Sprache(n) : Englisch

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Inhalt

Strong economic growth for 2017
The driver of the German economy did not lose any of its traction at the end of the year. Inflation-adjusted growth for the whole of 2017 was 2.2% compared to 2016, significantly exceeding that for 2015 and 2016. Consensus Economics expects the boom to continue in 2018 and 2019, and forecasts growth of 2.3% and 1.8%, respectively.
Domestic demand was responsible for the biggest impetus for growth in 2017. Private consumption grew by 2.0% year-on- year, government spending was slightly weaker at 1.4%, and gross investment increased by 3.6% overall. Net exports, the difference between exports and imports, also made a positive contribution to growth, of 0.2%. Exports rose by 4.7% and imports grew by as much as 5.2%.

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