{"id":68733,"date":"2022-07-20T19:06:36","date_gmt":"2022-07-20T15:06:36","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=68733"},"modified":"2022-07-20T19:06:39","modified_gmt":"2022-07-20T15:06:39","slug":"imf-lowers-german-growth-forecast-to-1-2-for-2022-0-8-for-2023","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/imf-lowers-german-growth-forecast-to-1-2-for-2022-0-8-for-2023\/07\/20\/market-updates\/","title":{"rendered":"IMF lowers German growth forecast to 1.2% for 2022, 0.8% for 2023"},"content":{"rendered":"\n<p>The International Monetary Fund announced that it lowered its growth forecasts for Germany to 1.2% for 2002 and to 0.8% for 2023. In its previous forecast, the IMF was expecting the German economy to grow by 2% in both years.<br><br>&#8220;Uncertainty is very high, with risks to the baseline growth forecast skewed downward and risks to the inflation forecast skewed upward,&#8221; the IMF said on Wednesday adding that &#8220;the greatest threat is a persistent shut-off of the remaining Russian gas exports to Europe.&#8221;<br><br>The IMF also revised its 2022 inflation forecast for Germany to 7.7% from 6.5% previously. This news report doesn&#8217;t seem to have an immediate impact on the Euro&#8217;s performance against its rival currencies. The EUR\/USD pair was posting small daily losses at 1.0218.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund announced that it lowered its growth forecasts for Germany to 1.2% for 2002 and to 0.8% for 2023. In its previous forecast, the IMF was expecting the German economy to grow by 2% in both years.&#8220;Uncertainty is very high, with risks to the baseline growth forecast skewed downward and risks to &hellip;<\/p>\n","protected":false},"author":13,"featured_media":34708,"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":[37,36],"tags":[7903,6928,7696,6946],"class_list":["post-68733","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-economic-growth","tag-euro","tag-german-economy","tag-imf"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68733","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=68733"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68733\/revisions"}],"predecessor-version":[{"id":68760,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/68733\/revisions\/68760"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/34708"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=68733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=68733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=68733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}