October 15, 2019 / 11:08 AM / a month ago

German government lowers 2020 GDP growth forecast to 1% - source

FILE PHOTO: A general view shows the city center of Frankfurt, Germany, January 29, 2019. REUTERS/Kai Pfaffenbach

BERLIN (Reuters) - The German government has lowered its 2020 forecast for economic growth to 1.0% from 1.5% before, a source familiar with the projection told Reuters on Tuesday.

The person added that Berlin is still seeing this year’s gross domestic product (GDP) growth at 0.5%.

Reporting by Michael Nienaber and Holger Hansen; writing by Thomas Seythal; editing by Alexander Ratz and Thomas Escritt

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below