Germany eyes stronger growth through 2019
Germany’s central bank raised its growth forecasts through to 2019
Berlin - Arab Today
Germany’s central bank on Friday raised its growth forecasts through to 2019, on the back of strong private and public consumption.
Gross domestic product (GDP) is now expected to expand by 1.9 percent this year, up from 1.8 percent previously forecast.
Likewise, growth in 2018 would reach 1.7 percent instead of 1.6 percent, while that of 2019 will hit 1.6 percent rather than 1.5 percent.
“The solid recovery of the German economy continues,” said the Bundesbank in its report.
The bank’s chief, Jens Weidmann, underlined the role played by “private consumption, public demand and investments in housing construction.”
Meanwhile, the Bundesbank also saw consumer prices rising by 1.5 percent in 2017 rather than the earlier forecasted 1.4 percent. But for the following two years, the central bank lowered its inflation forecasts, expecting it to come in at 1.4 percent in 2018 rather than 1.7 percent and at 1.8 percent in 2019 instead of 1.9 percent.
Source: Arab News
- Sunday ,02 December GMT 14:02 2018 RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fund
- Wednesday ,21 November GMT 07:59 2018 Merkel policies in focus in final debate on draft German budget
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:59 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 16:57 2018 Wednesday ,31 October
Putin to discuss relations development prospectsGMT 16:04 2018 Monday ,29 October
Russian, Cuban presidents to discuss strategic partnershipGMT 12:57 2018 Saturday ,27 October
"Undeclared war" forces Russia to boost defense spendingGMT 15:45 2018 Friday ,26 October
Medvedev to represent Russia at upcoming APEC summitGMT 14:12 2018 Thursday ,25 October
Saudi Arabia plans to invest in Russian-Chinese Fund soon
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen links
GMT 16:11 2018 Friday ,07 December
Iraqi singer Kadim Al Sahir returns to Dubai Opera stage
GMT 09:47 2018 Monday ,10 December
Russian ex-policeman convicted over 56 murders
GMT 13:52 2018 Thursday ,13 December
Economic conference on investment opportunities in Syria kicks off
GMT 09:00 2018 Wednesday ,12 December
May tours Europe in desperate bid to save Brexit deal
GMT 15:46 2018 Wednesday ,12 December
Festive Fashion by Dubai-based designer ASMARAÏA
GMT 10:03 2018 Monday ,10 December
23 Palestinians arrested in West Bank
GMT 22:48 2018 Thursday ,13 December
French archaeological mission discovers artefacts in Umm Al Qaiwain
GMT 09:12 2018 Wednesday ,12 December
Ford trains 1,600 motorists in Mideast, Africa in 2018
GMT 10:16 2018 Wednesday ,12 December
Hariri Reaches London To Partake In Lebanon Uk Forum
GMT 10:09 2018 Monday ,10 December
Jewish extremists attack Palestinian-owned vehicles
GMT 16:03 2018 Wednesday ,28 November
Executive Office of Arab Ministers of Communications starts in Cairo
GMT 11:38 2017 Thursday ,16 March
Children act in play on notorious Belgian paedophile
GMT 18:18 2018 Friday ,05 October
Premier Khalifa bin Salman congratulates Egyptian president
GMT 01:14 2017 Wednesday ,18 October
Ban tells world leaders 'a political
GMT 12:50 2018 Tuesday ,11 December
India plans to pull out of $500 million missile deal with Israel
GMT 13:02 2018 Thursday ,18 October
From genetics to fashion design, glamor is in Fidda Al-Marzouqi’s genes
GMT 14:51 2018 Thursday ,04 October
US actress Kate Hudson has third child named Rani Rose Hudson
GMT 16:08 2017 Monday ,18 December
Knight & Wilson Colour Freedom introduces new shades
GMT 12:22 2017 Thursday ,09 March
Coping with exam stress as a parent
GMT 11:27 2018 Tuesday ,11 December
22 dead across three Afghan provinces
GMT 15:49 2018 Tuesday ,23 October
Cooperation with Rosatom to provide new workplaces for Serbia
GMT 20:21 2018 Monday ,22 October
Zika outbreak in northern India state exceeds 100 cases
GMT 22:45 2017 Wednesday ,08 March
IS group leader Baghdadi abandons Mosul fight to field commanders, US and Iraqi sources say
GMT 02:47 2017 Friday ,21 April
Times of Oman Inter School Quiz prelims start on Wednesday
GMT 08:56 2017 Tuesday ,28 February
IMF says sanctions on Iran dampening economic sentiment
GMT 17:28 2017 Thursday ,16 February
PM starts meetings with new ministers Saturday
GMT 08:55 2017 Monday ,01 May
S. Korea media warn of 'Trump risk' to alliance
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor