Germany makes slight upgrade to economic growth forecast

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The German government has slightly raised its growth forecast for this year, with growth of 0.3% now expected. In February, the government had downgraded its forecast to just 0.2%. Economy Minister Robert Habeck said there are signs of a slight economic upturn in the course of the year, while inflation is expected to decline. The forecast also predicts that consumer prices will fall from 5.9% last year to 2.4% this year, boosting household purchasing power and aiding in the recovery of private consumption. The German government is forecasting GDP growth of 1% in 2025.

#Germany #EconomicGrowth #Forecast #Inflation #ConsumerPrices #Gdp

https://finance.yahoo.com/news/germany-makes-slight-upgrade-economic-130038831.html

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