22 Oct 2015
German chamber of commerce revises GDP forecast lower
FXStreet (Mumbai) - German DIHK Chamber of Commerce revised its 2015 GDP forecast lower to 1.7% from 1.8%.
Key Quotes
Exports growth forecast for 2015 lowered to 5% from 6%. 2016 export growth seen at 3.5%
Business expectations for the coming months are weaker
German industry cautious due to worries about lack of foreign demand
Key Quotes
Exports growth forecast for 2015 lowered to 5% from 6%. 2016 export growth seen at 3.5%
Business expectations for the coming months are weaker
German industry cautious due to worries about lack of foreign demand