Ifo: Germany’s 2018 GDP growth forecast raised to 1.9% vs. 1.8% previous

Dhwani Mehta FXStreet

In its latest forecast of the German economy, the Munich-based Ifo Institute for Economic Research made upward revisions to the country’s growth forecasts for this year.

Ifo raised Germany’s 2018 GDP growth forecast raised to 1.9% versus 1.8% forecasts while it sees the 2019 growth at 1.9% and 2020 growth rate at 1.7%.

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.

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