Forecast Award 2020 for Hamburg Institute of International Economics

Award honours forecast of key macroeconomic indicators for Germany in 2019
19 May 2020
Speicherstadt and Elbphilharmonie

FocusEconomics, a leading provider of economic analysis and forecasts headquartered in Spain, has named the Hamburg Institute of International Economics (HWWI) as the recipient of the 2020 Forecast Award for Germany, a HWWI press release said Friday (May 15, 2020). The prize honours HWWI as the most accurate forecaster of the main macroeconomic indicators in Germany for 2019.

HWWI identifies economic dynamics

To identify the best forecasters, FocusEconomics analyses forecasts submitted to their monthly survey over a period of 22 months. The delighted business cycle analysts and researchers at HWWI, Jörg Hinze and Prof. Dr. Henning Vöpel, remarked: “We’re honoured to earn this recognition from the FocusEconomics. This award underlines our excellent scientific expertise. The accuracy of our macroeconomic forecasts for the German economy, is vital to politicians and the public in identifying current dynamics, seizing growth opportunities and navigating through risks."

FocusEconomics is a leading provider of economic analysis and forecasts for over 130 countries in Africa, Asia, Europe, the Middle East and the Americas, as well as for 34 key commodities. The awards recognize the most accurate forecasters of the main macroeconomic indicators across 89 countries and 22 commodity prices in 2019. 

Hamburgisches Weltwirtschaftsinstitut (HWWI)

The Hamburg Institute of International Economics (HWWI) is an independent economic research institute that carries out basic and applied research and provides impetus for business, politics and society. The Chamber of Commerce Hamburg is the sole shareholder of HWWI while the Helmut Schmidt University is its associated scientific partner.