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 01:57 2017 Sunday ,29 October
Mar21/Apr20)
GMT 06:27 2017 Tuesday ,05 December
Warriors thump Heat, Rockets rule the road
GMT 07:27 2018 Monday ,03 December
China agrees to ‘reduce and remove’ tariffs on US cars: Trump
GMT 16:54 2018 Saturday ,08 September
Chief of Staff of UAE Armed Forces visits UAE troops in Yemen
GMT 15:40 2016 Sunday ,14 August
China and Sri Lanka in new deal over $1.4bn reclamation
GMT 10:17 2017 Monday ,11 December
Speaker of Finnish Parliament Calls for Strengthening Relations
GMT 20:28 2017 Sunday ,09 April
GCC condemns Friday attack in Sweden
GMT 20:00 2017 Monday ,06 November
Sharjah Baby-Friendly Office forms steering committee
GMT 07:00 2017 Thursday ,06 April
Questions cloud municipality fee
GMT 22:05 2017 Tuesday ,10 October
Taliban denies reports on unity with Daesh
GMT 06:45 2017 Monday ,16 October
US-world divide spills out at IMF-World Bank meetings
GMT 03:45 2017 Saturday ,29 July
Could a green sponge hold cancer-fighting secrets?
GMT 06:09 2018 Monday ,24 September
IOF prevent minister of education from passing through checkpoint
GMT 17:04 2016 Friday ,09 September
Google to buy Apigee in $625m deal
GMT 08:07 2018 Friday ,05 January
Trump calls talks between North and South Korea 'a good thing'
GMT 16:46 2017 Friday ,10 February
Processing US visa applications in Saudi Arabia resumes as travel ban lifted
GMT 01:28 2017 Friday ,22 December
Syria opposition urges Russia to push Damascus
GMT 22:21 2017 Wednesday ,09 August
Egyptian President holds call with Chadian counterpart
GMT 01:43 2017 Monday ,16 January
FM of S. Korea, Iraq to hold talks
GMT 11:35 2017 Thursday ,23 February
Katy Perry skeletons resemble Trump, May at Brit Awards
GMT 07:02 2017 Saturday ,15 April
Al-Basher Meets Speaker Bahrain House of Representatives
GMT 20:27 2017 Wednesday ,11 October
Israeli forces deny Palestinian students access to Aqsa
GMT 04:05 2017 Monday ,04 September
February20th-March20th
GMT 18:56 2017 Wednesday ,30 August
Premier: BDF model in patriotic work
GMT 10:58 2017 Thursday ,09 February
Berlin film fest gets into swing with biopic 'Django'
GMT 07:12 2017 Friday ,01 December
British PM urges Saudi Arabia to avert Yemen 'catastrophe'
GMT 11:34 2017 Wednesday ,31 May
Tunisian authorities killed a terrorist and arrested another one
GMT 01:02 2017 Monday ,01 May
Call for unified GCC wide visa as Oman tourism seen gaining
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