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| OECD May 2019 | IMF October 2019 | European Commission May 2019 |
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| 2019 | 2020 | 2019 | 2020 | 2019 | 2020 | |||
| Key Results | ||||||||
| Annual change in % | ||||||||
| Real GDP1 | 1.4 | 1.6 | 1.6 | 1.7 | 1.5 | 1.5 | ||
| Real private consumption | 1.8 | 1.7 | x | x | 1.6 | 1.6 | ||
| Real government consumption | 0.9 | 0.5 | x | x | 0.9 | 0.7 | ||
| Real gross fixed capital formation | 2.4 | 1.7 | x | x | 2.0 | 1.6 | ||
| Real exports | 2.3 | 2.6 | 1.8 | 1.3 | 2.8 | 3.2 | ||
| Real imports | 1.9 | 2.5 | 1.2 | 1.1 | 2.9 | 2.8 | ||
| Labour productivity | 0.2 | 0.7 | x | x | 0.5 | 1.1 | ||
| GDP deflator | 2.0 | 1.9 | 1.6 | 1.8 | 2.0 | 1.9 | ||
| HICP1 | 1.9 | 2.0 | 1.5 | 1.9 | 1.7 | 1.7 | ||
| Unit labor costs | x | x | x | x | 2.1 | 1.4 | ||
| Payroll employment | 1.2 | 0.8 | 0.7 | 1.1 | 1.0 | 0.5 | ||
| % of labour force | ||||||||
| Unemployment rate | 4.6 | 4.6 | 5.1 | 5.0 | 4.7 | 4.7 | ||
| % of nominal GDP | ||||||||
| Current account | 2.4 | 2.4 | 1.6 | 1.8 | 2.4 | 2.6 | ||
| General government surplus/deficit | 0.3 | 0.2 | 0.1 | -0.2 | 0.3 | 0.2 | ||
| Conditioning assumptions | ||||||||
| Oil price in USD/barrel1 | 68.4 | 70.0 | 61.8 | 57.9 | 64.7 | 61.5 | ||
| Short-term interest rate in %1 | -0.3 | -0.3 | -0.4 | -0.6 | -0.3 | -0.3 | ||
| USD/EUR1 | 1.12 | 1.12 | 1.11 | 1.11 | 1.13 | 1.13 | ||
| Source: OECD, IMF, European Commission. | ||||||||
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| last update on 17.10.2019 14:52 |
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