Interview , News of 16 December 2016

"Private consumption remains the main driver": seven questions to Ferdinand Fichtner

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Mr. Fichtner, the German economy’s growth rates have been quite favorable lately. What will next year look like?

For 2017, we’re expecting a marked slowdown in the growth rate for Germany. However, this is mostly due to a statistical effect: 2017 will have fewer workdays (and thus lower growth) due to the fact that more holidays will fall on weekdays than in 2016. On top of that, we are dealing with tremendous political and economic uncertainty. [...]

The full interview with Ferdinand Fichtner in: DIW Economic Bulletin 50/2016 | PDF, 0.6 MB

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