Pollsters Love Merkel But Historically They Overestimate Voters by 7 Percent

Eight years ago Angela Merkel stared gloomily at the election results with disbelief when her party crashed to 35.2 percent of the German vote, seven points below the opinion poll forecast.

Her poll lead melted away again on election day four years later, though her conservatives stayed in power despite their worst result since 1949. Indeed her Christian Democrats (CDU) and their Bavarian sister party, the Christian Social Union (CSU), have fallen short of forecasts in the last six elections.

They are leading again as the Sept. 22 vote comes round, but that humbling record explains why Merkel is not letting up, with 56 campaign stops in the month before voters give their verdict.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza