German chamber of commerce revises GDP forecast lower

By FXStreet FXStreet (Mumbai) – German DIHK Chamber of Commerce revised its 2015 GDP forecast lower to 1.7% from 1.8%.

Key Quotes

Exports growth forecast for 2015 lowered to 5% from 6%. 2016 export growth seen at 3.5%

Business expectations for the coming months are weaker

German industry cautious due to worries about lack of foreign demand
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Source:: FX Street