Germany upgrades 2012, slashes 2013 growth forecasts

17 Oct, 2012

 

The government is pencilling in growth of 0.8 percent for 2012, marginally more than an earlier forecast for 0.7 percent. But Europe's top economy will grow by only 1.0 percent next year, instead of the 1.6 percent Berlin had previously been hoping for, Roesler said.

 

Copyright AFP (Agence France-Presse), 2012

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