German government slashes 2019 economic growth forecast to 1 percent: sources
Tweet
Share
E-mail
Loading cranes are seen at a shipping terminal at the harbour in Hamburg April 4, 2015. REUTERS/Fabian Bimmer
BERLIN (Reuters) - The German government has cut its economic growth forecast for 2019 to 1.0 percent from 1.8 percent, parliamentary and government sources said on Friday.
The government now expects the economy to grow by 1.6 percent in 2020, the sources added.
(Reporting by Michael Nienaber and Holger Hansen; writing by Thomas Seythal; editing by Paul Carrel and Michelle Martin)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- US nonfarm payrolls surge in August; unemployment rate steady at 4.1%
- Natural Gas Inventory 15 bcf vs 16 bcf Expected
- ECB saw a further hike as likely at July meeting
Create E-mail Alert Related Categories
ETFs, Forex, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
