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Press release 209 / 2017-06-23: New orders in main construction industry in April 2017: +0.9% seasonally adjusted on the previous month

The Federal Statistical Office (Destatis) reports that price-adjusted new orders in the main construction industry in April 2017 increased a seasonally and working-day adjusted 0.9% on March 2017.

More : New orders in main construction industry in April 2017: +0.9% seasonally adjusted on the previous month …

Press release 210 / 2017-06-23: 1st quarter of 2017: real earnings continue to grow despite markedly higher price increases

Real and nominal earnings, consumer prices

According to the results of the quarterly survey of earnings, the index of real earnings in Germany rose a good 0.6% in the first quarter of 2017 year on year. The Federal Statistical Office (Destatis) also reports that the increase in nominal earnings was 2.6%. Although the increase in consumer prices (+1.9%) - measured on a quarterly basis - was higher than any time since the end of 2012, real earnings increased year on year for the 13th quarter in a row.

More : 1st quarter of 2017: real earnings continue to grow despite markedly higher price increases …

Press release 211 / 2017-06-23: Slight drop in number of traffic accident fatalities in April 2017

In April 2017, a total of 239 people died in road traffic accidents. Based on provisional figures, the Federal Statistical Office (Destatis) also reports that this was a decrease of eight traffic accident fatalities, or 3.2%, compared with April 2016. The number of persons injured declined by 12.0% to roughly 28,300 compared with the same month a year earlier.

More : Slight drop in number of traffic accident fatalities in April 2017 …

Press release 212 / 2017-06-23: Newborns have a good chance of reaching an age of over 90 years

If the trend of people living ever longer continues, boys born in 2017 could reach an average age of up to 90 years, girls up to 93 years. This result is based on the higher variant of the new model calculations of the Federal Statistical Office (Destatis) regarding cohort life tables of the birth cohorts from 1871 to 2017. According to the lower variant, the average life expectancy of boys born today would be 84 years, that of girls 88 years. Boys and girls born 100 years ago had an average life expectancy of just 55 and 62 years, respectively.

More : Newborns have a good chance of reaching an age of over 90 years …

IN FOCUS / 2017-06-08

Overall economic equilibrium: 50th anniversary of the Magic Square

50 years ago, on 8 June 1967, the Law to Promote Economic Stability and Growth (Stability Law) entered into force. Against the background of the 1966/1967 recession, it concretises the goal of an overall economic equilibrium and specifies four individual goals of economic and fiscal policy. They are referred to as the Magic Square.

In the last 50 years, the German economic development has been subject to short-term fluctuations. When measured by the development of the price-adjusted GDP, the German economy has grown an average 2.4% since 1967. Such growth has been characterised by cyclical upswings and recessions. The worst economic slump happened during the worldwide financial market crisis in 2009 (-5.9%). The strongest economic growth was recorded in 1969, when the growth rate was 7.5%.

More information on the economic development in Germany is contained in a detailed article on the Magic Square.

New brochure "G20 in figures" published

This year Germany holds the G20 presidency and will be hosting the G20 summit in Hamburg on the 7th and 8th of July. The G20 includes 19 leading industrialized and emerging economies as well as the European Union. Approximately two thirds of the world’s population live in a G20 country. Together they account for about 80% of the global economic output.

The G20 countries are facing a different set of challenges. A look at the labour market of each G20 country highlights this: Whilst the youth unemployment rate was below 10 % in India, Mexico and Germany in 2015, South Africa and Italy were dealing with rates in excess of 40 %. Another example is the situation in terms of digitalisation: In South Africa there were approximately five fixed broadband connections per 100 inhabitants, whilst in France this figure was higher than 40.

The brochure G20 in figures offers official inter­national data on the key topics of this year’s G20 presidency. Alongside topics such as economic and financial cooperation, the 2017 agenda includes issues such as digitalisation, climate change, antimicrobial resistance, migration and a stronger partnership with the African continent. In addition to the PDF file there is also an interactive version of the brochure available.

Current WISTA edition: Emerging stronger from the crisis? Employment in Germany

The number of persons in employment in Germany has continuously increased for not less than eleven years; the annual average of 43.6 million in 2016 was a new record high.

In the 3/2017 edition of our WISTA scientific journal, Christoph-Martin Mai and Florian Schwahn analyse Erwerbsarbeit in Deutschland und Europa im Zeitraum 1991 bis 2016. In this context, they explore how both economic and social change and employment policy have affected the development of employment in the last 25 years. In addition, they look at the labour market situation in other European countries, especially after the economic and financial crisis of 2009.

Key figures

Population31.12.201582.2 mn
Persons in employment1st Quarter 201743.7 mn
Economic growth (GDP)1st Quarter 20170.6%
Inflation rateMay 20171.5%
Share in gross domestic product
Net lending20160.8%
Public debt201668.3%

Europe in figures

This photo shows the logo "Europe in figures"

Europe in figures features the wide range of data offered by the European statistical office (Eurostat) and enables comparisons between the EU Member States.

2017 Bundestag election

Logo: The Federal Returning Officer

The election to the 19th German Bundestag will be held on 24 September 2017. Information on the election is provided on the website of the Federal Returning Officer.

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