News ID: 238602
Published: 1000 GMT February 07, 2019

German economy may only grow 0.7 percent in 2019 if exports to Britain fall: DIHK

German economy may only grow 0.7 percent in 2019 if exports to Britain fall: DIHK

The German economy may only grow by 0.7 percent this year if exports to Britain drop by 10 percent and if there is additional turbulence on capital markets, it may only expand by around 0.5 percent, the DIHK Chambers of Industry and Commerce said.

Earlier on Thursday the DIHK had slashed its official 2019 growth forecast for the German economy to 0.9 percent from 1.7 percent, Reuters.com reported.

   
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