The Traderszone Network

Published in TZ Latest News 13 October, 2021 by The TZ Newswire Staff

German economic institutes said to cut 2021 GDP growth forecast from 3.7% to 2.4%

Reuters reports, citing sources familiar with the matter
That’s a sharp revision lower and amid the ongoing supply bottlenecks, it is not hard to see why. Adding to that is fears of rising inflation as well as the energy crisis in Europe, weighing on overall sentiment in general.