German government slashes 2019 economic growth forecast to 1 percent: sources

FAN Editor 6 years ago
Loading cranes are seen at a shipping terminal in the harbour in Hamburg
Loading cranes are seen at a shipping terminal at the harbour in Hamburg April 4, 2015. REUTERS/Fabian Bimmer

January 25, 2019

BERLIN (Reuters) – The German government has cut its economic growth forecast for 2019 to 1.0 percent from 1.8 percent, parliamentary and government sources said on Friday.

The government now expects the economy to grow by 1.6 percent in 2020, the sources added.

(Reporting by Michael Nienaber and Holger Hansen; writing by Thomas Seythal; editing by Paul Carrel and Michelle Martin)

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