Bundesbank Semi-Annual Review: German GDP forecasts raised for 2016 & 2017

On Friday, the German central bank, Bundesbank (Buba) published its semi-annual review on the German economic outlook for 2016 and 2017.
Key Highlights:
Both raised to +1.8%
Cuts inflation f/cast to 1.4% from 1.5%, 2018 1.7%, 2019 1.9%
German budget to generate surpluses for years without new measures
Govt debt ration could fall to 60% of GDP
Sees increasing labor market bottlenecks, limiting jobs growth
Author

Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

















