BREAKING NEWS
This content is not available in your region

Economy

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

Access to the comments Comments
By Reuters
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   -   Copyright  KAI PFAFFENBACH(Reuters)
Text size Aa Aa

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)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.