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Germany: Institutes revise estimates, down 5.4% in 2020
Instead of -4.2%. In 2021 + 4.7% instead of + 5.8%
14 October, 11:38
(ANSA) - BERLIN, OCTOBER 14 - The leading German economic
institutes revise their previous estimates on economic
forecasts: down 5.4% in 2020, instead of 4.2%, and a growth of
4.7 % in 2021, compared to the previous 5.8% forecast.
Institutes consider the economic recovery to be weaker than expected. (ANSA).
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Institutes consider the economic recovery to be weaker than expected. (ANSA).
