The German economy is likely to see 3% growth this year amid improving business morale in the past three months, according to the business survey conducted by the German Chambers of Industry and Commerce DIHK reported on Wednesday.
Key Comments:
“DIHK’s updated growth forecast compares to its previous estimate of 2.8% projected in February”.
“The DIHK forecast is less optimistic than the government’s projection of 3.5% GDP growth this year”.
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