Germany's DIHK: Cuts German 2019 export growth forecast to 1% vs. 2.5% previous

Haresh Menghani FXStreet

Germany's DIHK Chamber of Industry and Commerce cuts domestic export growth forecast for 2019 to 1% vs. 2.5% seen in autumn 2018.

Key points:

• German firms abroad most downbeat about outlook since 2015.
• Only 24% of surveyed German firms operating abroad see better business prospects in coming 12-months.
• Trade disputes, protectionism is increasingly affecting German firms abroad.

Author

Haresh Menghani

FXStreet

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

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