German government lowers GDP growth forecast to 2.3 percent in 2018

By Kitco News / April 24, 2018 / www.kitco.com / Article Link

BERLIN (Reuters) - The German government has lowered its economic growth forecast for this year to 2.3 percent from 2.4 percent previously, a source familiar with the figure told Reuters on Tuesday.

Economy Minister Peter Altmaier will present growth forecasts for 2018 and 2019 during a news conference on Wednesday. They will form the basis of new tax estimates which are due in early May.

Reporting by Rene Wagner; Writing by Joseph Nasr; Editing by Robin Pomeroy

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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