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Germany: economic experts optimistic, GDP 2020 down 5.1%
SZ; estimates improve compared to spring
10 November, 15:01
(ANSA) - TRIESTE, 10 NOV - Despite the pandemic, German
economics experts revise growth estimates upwards and forecast a
drop in GDP of only 5.1% for 2020. The Sueddeutsche Zeitung
reported online, anticipating assessments much more positive
than last spring when the same expert committee envisaged an
economic contraction almost twice as big. According to the
German government's forecasts, which also recently improved
their estimates, GDP will record a 5.5% decline. (ANSA).
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