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German Finance Ministry: Growth risks remain high

The German Finance Ministry is out with its latest monthly economic assessment report, with the key headlines found below (courtesy Bloomberg).

2018 tax revenue +5.5% y/y.

Growth risks remain high, for exports especially.

Key Notes:

Germany officially slashes 2019 GDP forecast to 1% – EUR/USD ticks down

Germany: Annual CPI drops to 1.4% in January (preliminary) vs 1.6% expected

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