• Germany Ifo: Ups Germany 2010 GDP Fcast To +3.7% Vs +3.5%

Market news

14 December 2010

Germany Ifo: Ups Germany 2010 GDP Fcast To +3.7% Vs +3.5%

Ups Germany 2011 GDP Fcast To +2.4% Vs +2.0%
Sees Germany's Exports +14.8% In 2010, +7.4% In 2011
Sees Germany's CPI +1.1% In 2010; +1.7% In 2011
Sees Germany's Deficit At 3.5%/GDP In 2010, 2.3% In 2011
Sees EMU GDP +1.7% In 2010, +1.4% In 2011
Sees EMU HICP +1.5% In 2010; +1.4% In 2011
Sees ECB Raising Interest Rates By 25 Bp At End-2011
Assumes Average Euro Fx Of $1.33 In 2011

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