According to a latest survey by Bloomberg
- Previous survey had 2018 growth at 2.3%
- 2019 growth expected at 1.9% (previous 2.0%)
- 2020 growth expected at 1.6% (previous 1.5%)
- Q2 GDP forecast at +0.5% q/q (previous +0.6%)
- Q3 GDP forecast at +0.5% q/q (unchanged)
It's been a case of recent downgrades in expectations for Germany's economy in the last month, with the Bundesbank the latest of which to have toned down the upbeat growth rhetoric on Friday here.
The central bank is to release its monthly report later in the day, which should touch on the change in forecasts mentioned as well.
