Reuters reports the German government will downgrade its 2015 growth forecasts

Market news

13 October 2015

Reuters reports the German government will downgrade its 2015 growth forecasts

Reuters reported on Tuesday that the German government will downgrade its 2015 growth forecasts to 1.7% from the previous estimate of a 1.8% rise, while 2016 growth forecast should remain unchanged at 1.8%, according to a senior government official.

Forecasts are expected to be announced on Wednesday.

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