Bundesbank: more optimistic German GDP growth forecast for the coming year
|Germany's Bundesbank raised growth projections on Friday, arguing that the economy will continue to enjoy an export-driven boom.
Updated forecasts for 2018 and 2019:
• Sees persistently high underlying German growth pace
• 2018 GDP growth forecast at 2.5% vs 1.7% in June forecast
• 2019 GDP growth forecast at 1.7% vs 1.6% in June forecast
• 2018 inflation forecast at 1.6% vs 1.4% in June forecast
• 2019 inflation forecast at 1.7% vs 1.8% in June forecast
• Sees inflation in 2020 at 1.9%
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