Business

Germany expected to raise its economic growth forecast for the year

Reuters speaks about it, citing a source close to the matter. The German government is expected to raise its growth forecast for the economy this year to 0.3%, from 0.2% previously. As for 2025, they forecast economic growth of 1.0%.

On the inflation front, the government expects inflation of 2.4% this year. And that’s down from the previous forecast of 2.8%.

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