Ifo institute cuts German GDP forecast for next year ...Middle East

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Ifo institute cuts German GDP forecast for next year
This adds to the DIW economic institute forecast revision earlier here. Ifo now sees the German economy growing by just 0.9% in 2024, with the forecast being revised down from 1.4% previously. However, they are raising the GDP growth forecast for 2025 to 1.3% - up slightly from their previous forecast of 1.2%. This article was written by Justin Low at www.forexlive.com.

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