- German economy shrinking by 7.1% this year - Bundesbank
Market news
5 June 2020
German economy shrinking by 7.1% this year - Bundesbank
Bundesbank latest forecasts on the German economy
German GDP to grow by 3.2% in 2021, 3.8% in 2020
German stimulus may raise 2020 GDP by more than 1%.
Projections don't include the recent fiscal package by the government
Fiscal support appropriate, takes positive view on govt’s measures.
Low point in growth appears to have passed in April.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page