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.
(Reporting by Holger Hansen; Writing by Riham Alkousaa; Editing by Chizu Nomiyama)
