Government to raise GDP growth forecast for 2021 to 3.5% – Reuters

The government is expected German revise its growth forecast for Gross Domestic Product (GDP) from 3% (January report) to 3.5% Reuters reported Monday, citing sources familiar with the matter.

For him 2022, the government of Germany expects the economy to will expand 3.6%. The government reportedly believes that the better-than-expected growth dynamics observed in the last quarter of 2020 justify the upward revision.

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