• German Economy Ministry cuts 2019 GDP growth forecast to 0.5% from 1.0%

Market news

17 April 2019

German Economy Ministry cuts 2019 GDP growth forecast to 0.5% from 1.0%

  • Expects the economy to rebound in 2020, GDP growth forecast of 1.5%.

  • Trade disputes and Brexit are weighing on German growth.

  • Sees inflation at 1.5% in 2019 and 1.8% in 2020.

  • Expects export growth of 2.0% in 2019 and 1.8% in 2020.

  • Expects import growth of 3.8% in 2019 and 4.0% in 2020.

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