German economy may not reach the already lowered forecast in 2020 (Bundesbank)

UNITED STATES (OBSERVATORY NEWS) — German economic growth rates in 2020 may fall below the forecast, which was sharply worsened at the end of last year, as the coronavirus epidemic negatively affects supply and demand in China and spreads outside the country, said German Central Bank Chairman Jens Weidmann on Friday .

“In general, economic growth this year may be slightly lower than our experts estimated in December,” Weidman said.

The Bundesbank in December halved its forecast for real GDP growth for 2020, to 0.6%.


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