Bloomberg News

Germany’s BDI Forecasts Economic Growth of 1% in 2012, FAZ Says

July 29, 2012

German industry lobbying group BDI predicts Europe’s largest economy will grow 1 percent this year, Frankfurter Allgemeine Zeitung reported.

Germany’s economic development is robust, with international competitiveness still high and export capacity strong, BDI said in its latest economic report, according to the newspaper. Still, signs of uncertainty are increasing, the newspaper said.

To contact the reporter on this story: Jana Randow in Frankfurt at jrandow@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net


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