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Home»Economy
Economy

Germany to cut 2025 economic growth forecast to 1%, source says By Reuters

News RoomBy News RoomFebruary 15, 2024
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© Reuters. FILE PHOTO: A general view shows the Berlin skyline, Germany, December 26, 2020. REUTERS/Michele Tantussi/File Photo

BERLIN (Reuters) – The German government will cut its economic growth forecast for next year to 1% in a report due to be published next week, a government source told Reuters on Wednesday.

In October, the government expected the economy to grow by 1.5% in 2025.

According to the government forecast, inflation in Europe’s biggest economy is expected to fall to 2.8% this year and be at 1.9% in 2025, the source added.

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