German
Market Review
ECONOMIC OVERVIEW
The German economy experienced a modest upturn
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compared to most other countries in the European Union.
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credit ratings have distinguished Germany from the
southern European countries in recent years and have
resulted in it becoming an anchor of stability within the Euro
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countries remains uncertain, especially under the shadow
of the political developments in Greece, concerns over the
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The main driver for the growth of the German economy
during the year has been increased private consumption,
fuelled by higher employment rates, increased real
wages and a greater purchasing power as a result of lower
crude oil prices. Real estate investment increased more
than slightly and, despite hesitant growth in the global
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expenditure on consumption and transfers related to
the influx of refugees is expected to add further stimuli
and construction investment is forecast to grow sharply
over the next year.
CONSUMER PRICE INDEX
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in Germany increased by 0.3% in 2015 compared to 2014.
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Population (as at 30 June 2015)
81.5 million
GDP average growth rate in 2015
1.7%
Unemployment (as at January 2016)
4.3%
2015 GDP
€3.0 trillion
Annual Average CPI Inflation in 2015
0.3%
Quick
Facts
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that the information from the relevant reports published by Destatis is reproduced in its proper form and context, and that the information is extracted
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GERMANY CONSUMER PRICE INDEX (CPI) IN 2015
1
Jan
2015
Feb
2015
Mar
2015
Apr
2015
May
2015
Jun
2015
Jul
2015
Aug
2015
Sep
2015
Nov
2015
Dec
2015
Oct
2015
105.6
106.5
Index Points
107.0 107.0
107.0
107.0 107.0
107.0
107.5
107
106.5
105.5
106
107.1
107.1
107.2 107.2
30
