German government sees 2021 GDP growth of 3% - Spiegel

Market news

22 January 2021

German government sees 2021 GDP growth of 3% - Spiegel

Reuters reports that news magazine Der Spiegel said that the German government expects the economy to grow by 3% this year, which is a downward revision from last autumn’s estimate of 4.4% due to the second shutdown to fight the spread of the coronavirus pandemic.

German Economy Minister Peter Altmaier is due to present the government’s official forecast next week.

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