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Economic outlook 2015: Germany moving at only half speed ahead and eurozone not picking up much speed either
Press Wire ♦
Published: December 3, 2014; 10:03 ♦ (Vindobona)
The German economy is set to grow far slower in the next year than previously anticipated: KfW Research has cut its economic forecast for 2015 by half to 0.8% and revises its 2014 expectations downwards slightly once again just before the close of the year to 1.4%. The previous forecasts were 1.5% (2015) and 1.6% (2014; all figures adjusted for calendar effects).
Economic outlook 2015: Germany moving at only half speed ahead and eurozone not picking up much speed either / Picture: © Vindobona.org
- Germany: KfW Research cuts growth forecast for 2015 by half to
0.8%; 2014 expectations also lowered once again to 1.4%
- Eurozone: economic output grows only 1.0% in 2015; 2014 forecast
is 0.7%
The German economy is set to grow far slower in the next year than
previously anticipated: KfW Research has cut its economic forecast
…
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