World Business NewsA round up of the latest news for those doing business internationally
Bundesbank says Germany’s GDP has lost some of its pace
Zone(s): Argentina, USA ¦ Sector(s): Finance, Economy
The Bundesbank’s latest update suggests GDP will rise at a less rapid pace in the second quarter after a 0.8 per cent boost in the first three months of the year. For this year and the two ahead, growth is expected to hover between 1.8 and two per cent. The institution also expects inflation to remain relatively low this year, at just 1.1 per cent.