Bundesbank raises 2012 growth prediction

Central Banking Newsdesk
11 Jun 2012

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The Deutsche Bundesbank issued a monthly report on June 8 that contained a growth estimate of 1% for the country's GDP this year. The prediction was higher than the 0.6% suggested in December 2011.

"The German economy is currently in a difficult environment. Nevertheless, in its new projection for 2012 and 2013, the Deutsche Bundesbank expects the upturn to continue," said the report.

The central bank noted the influence of three main factors on the economy at present, the combination of which

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]