Bundesbank: German economy to rise faster

Note: This section contains information in English only.
Source: RTT News
The Central bank of Germany, Bundesbank, increased its expectations of the growth in Germany for the next two years, mainly due to increase in private consumption. It is now predicted that German economy will grow 0.5% this year, 1.7% in 2014 and 2% a year after that. The previous outlook showed a slight 0.3% advance in 2013 and 1.5% the next year. Moreover, the jobless rate is expected to fall.

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