BERLIN (MNI) – The German government will leave its GDP growth
forecasts for this year and next at 0.7% and 1.6%, respectively, German
business daily Handelsblatt reported in a pre-release from its Wednesday
edition, citing government sources.
Economics Minister Philipp Roesler is to present the government’s
forecasts on Wednesday.
Earlier today, German daily Die Welt reported the government sees
GDP growth of between 0.6% to 0.9% in 2012 and between 1.6% to 1.9% in
2013.
The president of the German Industry Association (BDI), Hans-Peter
Keitel, on Monday reaffirmed the association’s forecast that GDP growth
of 1% is achievable this year.
–Berlin bureau: +49-30-22 62 05 80; email: twidder@marketnews.com
[TOPICS: M$X$$$,M$G$$$,MGX$$$,M$$CR$]
