Europe & Russia Economic overview
June 2018
Stable growth in Germany will help support economic expansion in the eurozone.
Germany’s economy is forecast to grow by 2.5% this year, the same rate as in 2017, supported by increased exports. Germany’s gas demand grew by 3% on an annual basis in Q1 2018 and is expected to increase moderately during the year as a whole as a result of the country’s economic expansion. However, German GDP growth is forecast to ease to 2% in 2019, which will limit the potential for increases in the...