AIRLINK 172.50 Decreased By ▼ -3.23 (-1.84%)
BOP 13.25 Increased By ▲ 0.13 (0.99%)
CNERGY 7.43 Decreased By ▼ -0.11 (-1.46%)
FCCL 43.50 Decreased By ▼ -0.41 (-0.93%)
FFL 14.98 Decreased By ▼ -0.03 (-0.2%)
FLYNG 26.45 Decreased By ▼ -0.45 (-1.67%)
HUBC 129.75 Decreased By ▼ -0.48 (-0.37%)
HUMNL 13.30 Decreased By ▼ -0.04 (-0.3%)
KEL 4.45 Decreased By ▼ -0.05 (-1.11%)
KOSM 6.00 Decreased By ▼ -0.06 (-0.99%)
MLCF 55.60 Decreased By ▼ -0.43 (-0.77%)
OGDC 213.75 Decreased By ▼ -1.02 (-0.47%)
PACE 5.93 Decreased By ▼ -0.05 (-0.84%)
PAEL 41.25 Increased By ▲ 0.35 (0.86%)
PIAHCLA 16.68 Increased By ▲ 0.36 (2.21%)
PIBTL 9.63 Decreased By ▼ -0.12 (-1.23%)
POWER 11.55 Decreased By ▼ -0.21 (-1.79%)
PPL 182.00 Increased By ▲ 0.52 (0.29%)
PRL 34.24 Increased By ▲ 0.02 (0.06%)
PTC 22.86 Decreased By ▼ -0.20 (-0.87%)
SEARL 94.40 Decreased By ▼ -1.32 (-1.38%)
SILK 1.16 Increased By ▲ 0.02 (1.75%)
SSGC 35.30 Decreased By ▼ -0.15 (-0.42%)
SYM 15.70 Decreased By ▼ -0.05 (-0.32%)
TELE 7.79 Decreased By ▼ -0.08 (-1.02%)
TPLP 10.90 Decreased By ▼ -0.08 (-0.73%)
TRG 60.80 Increased By ▲ 0.30 (0.5%)
WAVESAPP 10.70 Decreased By ▼ -0.11 (-1.02%)
WTL 1.32 Decreased By ▼ -0.03 (-2.22%)
YOUW 3.80 Increased By ▲ 0.03 (0.8%)
BR100 12,047 Decreased By -7 (-0.06%)
BR30 36,424 Decreased By -43.2 (-0.12%)
KSE100 114,105 Decreased By -251.7 (-0.22%)
KSE30 35,199 Decreased By -147.9 (-0.42%)

The German government has raised its forecast for economic growth in 2017 to 1.9 percent from an earlier forecast of 1.5 percent, and could yet lift it to 2 percent, the Handelsblatt newspaper reported on Friday, citing unnamed government sources. The newspaper said a decision on whether to adopt the 2-percent forecast would be made on Monday at a meeting led by the Economy Ministry.
Handelsblatt said the government had raised its forecast for 2018 growth in gross domestic product to 2 percent from an earlier forecast of 1.6 percent. The changes mirrored revised forecasts released by leading German institutes last week. The German economy last year grew by 1.9 percent, which was the strongest rate in half a decade. Handelsblatt said the German economy was benefiting from better-than-expected global developments and higher domestic investments.

Comments

Comments are closed.