• Bundesbank cuts 2020 German growth forecast

Market news

13 December 2019

Bundesbank cuts 2020 German growth forecast

In its monthly economic assessment report, Germany’s central bank slashed the German growth forecasts for 2020.

  • Sees German GDP at +0.5% in 2019 versus +0.6% in June forecast.

  • Sees German GDP at 0.6% In 2020 versus 1.2% In June forecast.

  • Sees German GDP at 1.4% In 2021 versus 1.3% In June forecast.

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