{"id":42784,"date":"2021-03-11T16:43:03","date_gmt":"2021-03-11T12:43:03","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=42784"},"modified":"2021-03-11T16:43:05","modified_gmt":"2021-03-11T12:43:05","slug":"iwh-lowers-germanys-gdp-forecast-this-year","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/iwh-lowers-germanys-gdp-forecast-this-year\/03\/11\/market-updates\/","title":{"rendered":"IWH lowers Germany&#8217;s GDP forecast this year"},"content":{"rendered":"\n<p>The German IWH Institute for Economic Research cut its 2021 growth forecast for Europe&#8217;s largest economy to 3.7% from the 4.4% it had forecast in December as the country faces the risk of a third wave of the Coronavirus pandemic.<\/p>\n\n\n\n<p>&#8220;For Germany in particular, there is a risk that the steps decided at the beginning of March to open up (the economy) will cause a third wave of cases,&#8221; the institute said.<\/p>\n\n\n\n<p>However, the institute&#8217;s expectations are more optimistic than the government, which predicted that growth this year will be at 3% after a decline of 4.9% last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The German IWH Institute for Economic Research cut its 2021 growth forecast for Europe&#8217;s largest economy to 3.7% from the 4.4% it had forecast in December as the country faces the risk of a third wave of the Coronavirus pandemic. &#8220;For Germany in particular, there is a risk that the steps decided at the beginning &hellip;<\/p>\n","protected":false},"author":9,"featured_media":34631,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6839],"class_list":["post-42784","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-germany"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=42784"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42784\/revisions"}],"predecessor-version":[{"id":42785,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42784\/revisions\/42785"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34631"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=42784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=42784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=42784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}