OECD Economic Outlook, Volume 2015 Issue 1
The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.
Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, chapters summarising developments and providing projections for each individual country, a special chapter on investment and a statistical annex.
Germany
Economic growth is projected to strengthen, driven by both domestic and external demand. A robust labour market, low interest rates and low oil prices will underpin household spending, while the recovery of the euro area and the depreciation of the euro will boost exports. Business investment is expected to recover as capacity utilisation rises. The already low unemployment rate will fall further, while consumer price inflation is projected to rise in 2016. The current account surplus is projected to remain high.
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