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Europe & Russia Economic overview

September 2018

German GDP growth is forecast to slow in 2018.

Germany’s GDP is expected to expand by 1.9% in 2018 and 2019, down from 2.2% in 2017. The country’s exports fell at the start of the year, and weak export levels will continue to limit Germany’s economic expansion, despite strong domestic demand. Germany’s economy grew by 2% year on year in Q1 and by 1.9% in Q2, and the weaker growth is expected to limit the potential for gains in the country’s gas consumption this year. Although...