German Economy Ministry cuts growth forecast for 2018 to 1.8% - RTRS

According to Reuters - referring to a document, German Economy Ministry is said to have lowered its 2018 economic growth forecast to 1.8% from 2.3% previously.

Key points:

   •  Cuts German GDP forecast for 2019 to 1.8% vs. 2.1% previous.
   •  Expects 2020 growth of 1.8%.