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In its autumn forecast, the federal government expects unemployment to drop. But there are also regions that have been suspended, warns the Minister for Economic Affairs.

Brigitte Zypries: Government raises economic forecast

In its autumn forecast, the federal government expects unemployment to drop. But there are also regions that have been suspended, warns the Minister for Economic Affairs.

Brigitte Zypries: Government raises economic forecast

The federal government anticipates an increase in economic growth in Germany. Gross domestic product (GDP) is expected to increase by 2.0 percent this year and by 1.9 percent in coming year, government shares in its autumn forecast. The values are significantly higher than in spring forecast of April. At that time, federal government had assumed a growth of 1.5 percent for this and 1.6 percent for coming year.

"The German economy is doing well", SagteBundeswirtschaftsministerin Brigitte Zypries (SPD). The next federal government must ensure that it stays that way. The economy in Germany has "gained momentum and breadth" and will remain on growth path in coming years.

Many minor employees and deadlines

The federal government forecasts that fewer people will be unemployed in next two years. In year 2018, according to paper, 44.8 million people could do a job. The number of unemployed will fall to just under 2.5 million. Toger with rising salaries, this development will lead to higher household consumption expenditure.

Despite positive trend, re are also problems, said Zypries. So re are still regions with high unemployment. "It bleibtweiter a problem that we still have relatively vielegeringfügig employed people." In addition, VieleFrauen and men would have temporary jobs.

According to forecast, consumer prices will increase by 1.8 percent this year and by 1.6 percent in coming year. The rising prices for energy and foodstuffs are reason. The federal government also expects imports to increase more than exports.

The growth forecast of Confederation forms basis for official tax estimate from 7 to 9 November Inbrunswick and serves as an orientation framework for DieAufstellung of public budgets of federal government, countries, municipalities and social insurance companies. The tax estimate Dürftedeutlich make up how big financial leeway Derkünftigen government is to redeem electoral promises.

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