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WikiFX Express

Two Cellnex board members quit amid pressure to change leadership

Economic institutes forecast German GDP growth of 0.3% in 2023 – sources

WikiFX

| 2023-04-05

Abstract：BERLIN (Reuters) – Five economic institutes are forecasting gross domestic product growth in Germany of 0.3% in 2023, up from a predicted contraction of 0.4% in autumn, two sources familiar with the data told Reuters.

BERLIN (Reuters) – Five economic institutes are forecasting gross domestic product growth in Germany of 0.3% in 2023, up from a predicted contraction of 0.4% in autumn, two sources familiar with the data told Reuters.

For 2024, the four German and one Austrian institutes forecast GDP growth of 1.5%, down from 1.7% previously.

The economic institutes predict an inflation rate of 6.0% in 2023, before slowing to 2.4% in 2024.

(Reporting by Maria Martinez, Editing by Friederike Heine)

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