Germany – 2018-2019 scenario: Outlook at Q1-2018
- Latest economic trends
- Backbone of our scenario
After a strong growth in 2017, we expect activity growth to be also robust in 2018 and a slight slowdown in 2019. The unemployment rate has not yet reached its bottom and underemployed part-time workers represent a potential source of additional workforce to meet the increased demand. Domestic demand remains the main pillar of growth, while external demand may suffer from a more protectionist environment than in the past.
Extrait de la publication
German cars represent 12.9% of US imports of vehicles worth $ 22 billion in 2016. These imports are regularly criticized by the US administration and are threatened with likely tariff barriers that would undermine the country's industrial production.