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Germany DIW institute raises 2020 GDP forecast

September 10, 2020 at 09:36AM

Germany DIW institute raises 2020 GDP forecast
Sees 2020 German GDP at -6.0% vs -9.4% previously in June forecast
Essentially, it reads as "the slump in the German economy isn’t as bad as anticipated and that the recovery phase is also gathering modest pace". But amid fears of a secondary wave of infections in the region and international demand conditions still rather subdued,
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