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Germany: DIW, economic recovery faster than expected
GDP up by 4.1% and 3.0% in 2021 and 2022
10 September, 17:37
(ANSA) - BERLIN, 10 SET - The economic recovery in Germany
will be "faster" than expected after the unprecedented collapse
of the second quarter due to the crisis triggered by the
pandemic, economist at the German DIW Institute said today. The
German GDP, which could contract by 6% this year, could grow
back to pre-crisis levels in the next year and a half, according
to the new forecast. For the years 2021 and 2022, the GDP could
reach + 4.1% and + 3% respectively, DIW said in a statement.
(ANSA).
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