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Press Release
The Joint Economic Forecast Project Group forecasts a 0.1% decline in Germany's gross domestic product in 2024. Looking further ahead, the institutes expect a weak recovery with growth of 0.8% (2025) and 1.3% (2026). Compared to the spring forecast, this represents a downward revision of 0.2 (2024) and 0.6 (2025) percentage points. “In addition to the economic downturn, the German economy is also being ...
26.09.2024
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Press Release
According to Germany’s five leading economic research institutes, the country’s economy shows cyclical and structural weaknesses. In their spring report, they revised their GDP forecast for the current year significantly downward to 0.1 percent. In the recent fall report, the figure was still 1.3 percent. Expectations for the coming year are almost unchanged at 1.4 percent (previously 1.5 percent). ...
27.03.2024
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Press Release
Sanctions against Russia following the annexation of Crimea reduced consumption in Russia by 1.4 percent - Simulations show that the potential for sanctions could have been higher - Involvement of emerging economies would have increased sanction pressure - Sanctions caused greater losses for small economies in the proximity of Russia than for large economies - Burden-sharing funds could reduce asymmetries
With ...
21.02.2024
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Press Release
Gert G. Wagner passed away suddenly and unexpectedly on January 28, 2024, at the age of 71. He led the Socio-Economic Panel (SOEP) at the German Institute for Economic Research (DIW Berlin) for many years and later served as the Chairman of the Executive Board (President) of DIW Berlin.
“DIW Berlin owes a great deal to Gert G. Wagner. For over 30 years, he made irreplaceable contributions to the development ...
30.01.2024
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Statement
DIW president Marcel Fratzscher on the results of today's meeting of the Governing Council of the ECB:
25.01.2024| Marcel Fratzscher
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Statement
The Governing Council of the European Central Bank (ECB) decided today to keep the key interest rate constant. Here is a statement from Marcel Fratzscher, President of the German Institute for Economic Research (DIW Berlin):
14.12.2023| Marcel Fratzscher
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DIW focus
December 13, 2023 – The German traffic light coalition began its term two years ago with ambitious energy policy goals. Halfway through the legislative period, its track record is mixed. Good progress has been made in some areas, but in others a large gap between targets and the status quo remains. The Ampel-Monitor Energiewende by the German Institute for Economic Research (DIW Berlin) shows...
14.12.2023| Adeline Guéret, Alexander Roth, Wolf-Peter Schill, Felix Schmidt
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Press Release
According to the Joint Economic Forecast, Germany's gross domestic product declines by 0.6% in 2023. This is a strong downward revision of 0.9 percentage points from the forecast made in spring 2023. "The most important reason for this revision is that industry and private consumption are recovering more slowly than we expected in spring," says Oliver Holtemöller, Vice President and Head of the Macroeconomics ...
28.09.2023
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Press Release
Second survey wave of around 7,000 Ukrainians on their life situations and progress in social participation
For the second time, Ukrainians who fled because of the Russian war of aggression were interviewed about their life in Germany. Key results are: At the beginning of 2023, almost half of the respondents intend to stay in Germany in the longer term. The number of people in employment has increased ...
12.07.2023
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DIW focus
The energy and climate crisis enhance the need for energy savings. In the building sector, these savings can be achieved primarily through thermal retrofitting. So far, progress in this area has been slow. To date, less than one percent of the residential building stock in Germany is retrofitted each year. The existing support programs alone offer too little reliability for the necessary...
13.03.2023| Sophie M. Behr, Merve Küçük, Karsten Neuhoff
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Statement
Marcel Fratzscher, President of the German Institute for Economic Research (DIW Berlin), comments on the results of today’s meeting of the European Central Bank (ECB):
21.07.2022| Marcel Fratzscher
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DIW focus
The Russian war on Ukraine and Germany’s dependence on Russian gas require a rethink of German energy supplies. While there is a heated debate about an immediate energy embargo, Russia could also stop its supplies at any time. To date, Germany has purchased around 55 percent of its natural gas from Russia. DIW Berlin has developed scenarios for how the German energy system could become...
13.04.2022| Franziska Holz, Claudia Kemfert, Robin Sogalla
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Press Release
The German economy is steering through difficult waters and faces the highest inflation rates in decades. In their spring report, the leading German economic research institutes revise their outlook for this year significantly downward. The recovery from the COVID-19 crisis is slowing down as a result of the war in Ukraine, but remains on track. The institutes expect GDP to increase by 2.7 and 3.1 ...
13.04.2022
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Press Release
The Survey of Health, Ageing and Retirement in Europe (SHARE) will enrich the science location Berlin. The founding partners now signed the partnership agreement for the new SHARE Berlin Institute. SHARE will in future be embedded in a collaboration of four leading research institutions: the WZB Berlin Social Science Center, the German Institute for Economic Research (DIW Berlin), the Charité ...
29.03.2022
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Press Release
The Corona pandemic still shapes the economic situation in Germany. A complete normalisation of contact-intensive activities is not to be expected in the short term. In addition, supply bottlenecks are hampering manufacturing for the time being. The German economy will reach normal capacity utilisation in the course of 2022. In their autumn report, the leading economic research institutes ...
14.10.2021
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Press Release
DIW Berlin forecasting experts are lowering their forecast for 2021 from 3.2 to 2.1 percent - Supply bottlenecks and material shortages are weighing on German industry - Private consumption remains restrained - With growth of just under five percent, the German economy will pick up speed in 2022 once bottlenecks have been overcome and infection rates have fallen on a sustained basis - Inflation no ...
16.09.2021
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Press Release
In their spring report, the leading economic research institutes forecast an increase in gross domestic product of 3.7 percent in the current year and 3.9 percent in 2022. The renewed shutdown is delaying the economic recovery, but as soon as the risks of infection, particularly from vaccination, have been averted, a strong recovery will begin. The economy is likely to return to normal output levels ...
15.04.2021
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Statement
The EU Commission has approved Google's acquisition of the fitness tracker manufacturer Fitbit. Here is a statement from competition economist Tomaso Duso, Head of the Firms and Markets Department at the German Institute for Economic Research (DIW Berlin):
17.12.2020| Tomaso Duso
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Statement
DIW president Marcel Fratzscher comments today’s announcements by the ECB as follows:
10.12.2020| Marcel Fratzscher
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Blog Marcel Fratzscher
With the Brexit negotiations now in their final days, it is crucial that the European Union break the impasse and secure a deal. If Europe cannot even forge an agreement to establish its long-term relationship with the United Kingdom, it will have little chance of becoming a global power in its own right.
This week, we will finally know whether a Brexit deal can be agreed. Whatever is decided, it ...
08.12.2020| Marcel Fratzscher