Investing in innovation –

where do we stand in Germany and Europe

Dr. Alexander Schumann

DIHK-Forecast 2015

Germany, changes on the previous year, in per cent use of the gross domestic product (GDP), price-adjusted, chain-linked

2013 2014 DIHK-Forecast

2015

GDP 0.1 1.6 1.8 Final consumption expenditure of private households 0.8 1.1 2.2

Government final consumption expenditure 0.7 1.1 1.5

Gross fixed capital formation (GFCF) -0.6 3.3 1.7

GFCF in machinery and equipment -2.4 4.3 2.0

Other fixed assets 1.3 1.2 1.7

GFCF in construction -0.1 3.4 1.6

Exports 1.6 3.8 6.0

Imports 3.1 3.5 7.0

Unemployment (in millions) 2.948 2.897 2.79

Employment (change in thousand) +248 +356 +250

consumer price 1.5 0.9 0.5

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Investment intentions improve

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Fewer Investments than before …

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… and elsewhere

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Investment Restraints

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56 % of industrial companies

register structural restraints of investment

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Taxation and more

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Infrastructure: best Days are over

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Source: Eurostat

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Source: Eurostat

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