You are here: Home » Reuters » News
Business Standard

Chambers of commerce see Germany's 2017 growth at 2.3 percent: report

Reuters  |  BERLIN 

BERLIN (Reuters) - The German DIHK chambers of industry and commerce will raise its 2017 growth forecast for Europe's largest economy to 2.3 percent, Der Spiegel magazine reported on Saturday.DIHK in October raised its growth forecast to 2.0 percent from 1.8 percent, saying the economy was firing on all cylinders helped by both exports and private consumption.The DIHK also expects the economy to generate an additional 12 billion euros ($14.27 billion) in tax revenues by 2020, Der Spiegel said, which would give the next government greater fiscal leeway.Conservative Chancellor Angela Merkel has ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Sat, December 02 2017. 17:21 IST