Industry sees German 2011 growing twice trend rate

Newswire

BERLIN, Jan 25 (Reuters) - German industry federation BDI forecast the country's economy could expand this year at a rate roughly double that of its 1.3 percent trend growth potential, President Hans-Peter Keitel said on Tuesday. "Overall, the BDI expects an increase in gross domestic product for this year in the region of about 2.5 percent," he told an annual news conference in Berlin, adding that the German industry should contribute at least two-thirds of that growth. Exports should ...

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