- Bundesbank warns that Germany's growth could undershoot projections this year
Market news
23 August 2021
Bundesbank warns that Germany's growth could undershoot projections this year
- Says that imposition of stricter protective measures, due to Delta variant and decline in the dynamics of vaccination, may put unexpected strain on economy in the autumn quarter
- Notes that early weeks of the rebound were timider than projected; that will likely weigh on full-year figure growth as well
- Some restrictions could be introduced in autumn if infections continue to rise
- But unlikely to be as strict as in the past given vaccine progress
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