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Germany raises growth forecast for 2017 exports, imports

Published January 24, 2017 Updated January 24, 2017 04:34pm

1 min

By Shoaib Ur Rehman

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BERLIN: Germany expects both exports and imports to grow faster this year than previously forecast, a government source told Reuters on Tuesday, providing an optimistic outlook despite fears of protectionism under US President Donald Trump.

The source in the right-left ruling coalition said the government expected exports to grow 2.8 percent in 2017, up from a previous forecast of 2.1 percent.

Imports are forecast to grow by 3.8 percent, up from a previous estimate of 3 percent.

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