March 19, 2020 / 10:32 AM / 22 days ago

Germany economy could shrink between 4.5% and 9% in 2020: IfW

BERLIN (Reuters) - Germany’s IfW institute on Thursday revised its 2020 growth forecast for Europe’s largest economy due to the coronavirus outbreak, predicting gross domestic product to shrink between 4.5% and 9% this year.

Reporting by Michael Nienaber, editing by Scot W. Stevenson

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