Ifo: Germany’s 2018 GDP growth forecast raised to 1.9% vs. 1.8% previous

In its latest forecast of the German economy, the Munich-based Ifo Institute for Economic Research made upward revisions to the country’s growth forecasts for this year.

Ifo raised Germany’s 2018 GDP growth forecast raised to 1.9% versus 1.8% forecasts while it sees the 2019 growth at 1.9% and 2020 growth rate at 1.7%.