2020 GDP forecast at 1.2% (1.6% previously)

2019 inflation forecast at 1.4% (unchanged)

2020 inflation forecast 1.5% (1.8% previously)

Economy is expected to experience a slight decrease in Q2 but real GDP is likely to pick up again somewhat in Q3.

German exports is expected to start rising in the second half of the year with the prospect of a more protracted and clear decline in economic output seemingly unlikely.