Germany : Staff Report for the 2005 Article IV Consultation

1DEUEA2006001 Image
Price:  $15.00

Release Date: © January, 2006
ISBN : 978-1-45181-049-3
Stock #: 1DEUEA2006001
English
Stock Status: On back-order

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Description

This 2005 Article IV Consultation highlights that economic activity in Germany is slowly picking up, and there is scope for some further firming of growth in the course of 2006. The recovery, however, remains unbalanced, and strong exports have yet to feed through into higher household spending. Although the risks to the outlook are broadly neutral, an unwinding of global imbalances and higher oil prices could yet provide headwinds for the recovery. On balance, headline growth is forecast at 1 percent in 2005 and 1.5 percent in 2006, implying a gradual recovery in working-day-adjusted terms.

Taxonomy

Economic policy , Fiscal policy




More publications in this series: IMF Staff Country Reports