New forecasts due tomorrow
Economy Minister Peter Altmaier will release new forecasts tomorrow and they will be higher, according to a Bloomberg report, citing people familiar.
The current forecast is for a 6.3% contraction this year, followed by a rebound of 5.2% in 2021.
The current consensus for Germany is a contraction of 6.1% and a rebound of 5.0% in 2020.
