Home / Market Update / German Government to Lift 2021 GDP Growth Forecast

German Government to Lift 2021 GDP Growth Forecast

According to Reuters, the German government is expected to revise its GDP forecast to 3.5% from 3% in January.

The German government believes that the economy will expand by 3.6% in 2022, and the government reportedly believes that the better-than-expected growth dynamics seen in the fourth quarter of 2020 justify the upward revision.

Check Also

Dollar Dips as US-China Trade Hopes Fade and Jobless Claims Rise

The US Dollar reversed course, sliding downward after two days of robust gains, as optimism …