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%
Author

Haresh Menghani
FXStreet
Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

















