(AGI) – Germany’s central bank cut its growth forecast for Berlin, although the president of the Bundesbank, Jens Weidmann, has also spoken of “a trend of relatively solid bottom” of the German economy, mainly thanks to the contribution of domestic demand, strong “pillar of support.” According to the central bank, gross domestic product is estimated to expand by 1.7% this year compared with 1.8% previously expected, while growth is expected now to a + 1.4% in 2017 from + 1.7% previously. It is still the Bundesbank forecasts in line with the government officials and slightly more optimistic than those provided by the International Monetary Fund (+ 1.5% in 2016). In the first three months of this year Germany’s economy recorded moderate growth and slowing compared to last glimpse of 2015. Retouch also downwards its inflation estimates, now lowered to + 0.2% from + 1.1% for 2016 and + 1.5% from + 2% for 2017.
03/06/2016 10:45:02
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