Markets news on stocks, currencies and commodities; the Bundesbank, the German central bank, today raised its forecast for German economic growth in 2010 and 2011, saying that after a sluggish fourth quarter of 2009/first quarter of 2010, the cyclical recovery of the German economy has accelerated markedly. Since the beginning of spring, the positive impetus generated by the global economy has increasingly prevailed. Inflation remains subdued despite the depreciation of the euro.
Related posts:
- Bank of Spain forecasts economy will contract -1.5% in 2012; Bank of France governor says France’s economy will accelerate in the spring
- German economy slowed in fourth quarter of 2010; Annual GDP growth at 3.6%; French GDP grew at 1.5%
- Germany’s Ifo institute raises German economic outlook; Eurozone GDP to grow 1% in 2010, 0.9% in 2011
- Global economy poised for slower growth after surprisingly strong rebound; German GDP forecast at 2.1% in 2010 and 1.2% in 2011
- Markets News Wednesday: German economy grew 3.6% in 2010 – - the best performance since reunification in 1990