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Joint Economic Forecast Autumn 2010 (14 Oct 2010) Federal Republic of Germany Key Forecast Figures 2008 Percentage change over previous year 2009 2010 2011 (1) (1) a) Private consumption Government consumption Gross fixed capital formation Machinery and equipment, Buildings Other investment Domestic demand Exports of goods and services Imports of goods and services Gross domestic product (GDP) 0,7 2,3 2,5 3,5 1,2 6,5 1,2 2,5 3,3 1,0 -0,2 2,9 -10,1 -22,6 -1,5 5,6 -1,9 -14,3 -9,4 -4,7 0,1 2,8 5,7 8,9 3,7 5,9 2,4 15,3 14,0 3,5 1,4 1,2 3,3 5,8 1,5 5,2 1,9 7,1 7,4 2,0 Employmentb) (1.000 persons) Unemployment (1.000 persons) 40276 3268 40271 3423 40365 3234 40595 2934 7,8 8,2 7,7 7,0 2,6 0,4 1,1 1,6 - EUR billion 2,8 -72,7 -93,6 -70,0 - in % of GDP 0,1 -3,0 -3,8 -2,7 167,0 117,3 127,9 142,3 0,5 -4,1 1,6 1,3 3,3 0,3 1,5 1,4 Unemployment ratec) (in %) d) Consumer prices (% change on the previous year) e) General government financial balance Balance on current account (EUR billion) memo item: Real GDP in the EMU (% change on the previous year) f) Consumer prices in the EMU (% change on the previous year) 1) Forecast by the Institutes.- a) Price adjusted.- b) Domestic employment.c) Federal Employment Agency concept.- d) Consumer price index (2005=100).e) On national accounts definition (ESA 1995).-f) Harmonized index of consumer prices (HICP, 2005=100). Source: Eurostat, Destatis, Deutsche Bundesbank, Federal Employment Agency; 2010 and 2011: Forecasts by the Institutes.