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German government lowers 2016 GDP forecast

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 27, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - The latest forecasts released by the German government for 2016 are as under:

    2016 GDP forecast lowered to +1.7% vs +1.8% prev

    Federal budget will also be balanced in 2016

    No need to take in net new debt

    State debt ratio will fall below 70% of GDP in 2016
    For more information, read our latest forex news.

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