About: http://data.cimple.eu/news-article/a8a32ac569fb9f283e6aa8784808e1f4a5ae7eec87b0459342ca6874

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About: http://data.cimple.eu/news-article/a8a32ac569fb9f283e6aa8784808e1f4a5ae7eec87b0459342ca6874 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	The German government on Wednesday upped its economic growth outlook for 2020 slightly, predicting a solid domestic performance that will help offset risks from abroad. With gross domestic product expected to grow 1.1 percent, "the economy will develop better this year than we expected last year," when Berlin estimated the 2020 gain at 1.0 percent, Economy Minister Peter Altmaier said in a statement. "Prospects have improved (but)... we have to improve growth, competitiveness and productivity" to preserve Germany's economic strength, he added. Hit by uncertainty over the US-China trade conflict and Brexit and a global growth dip, weakness above all in export-oriented manufacturing firms resulted in German growth slowing to 0.6 percent last year. For 2020, the next Brexit steps are clear under a new majority Conservative government led by Boris Johnson while the US has signed a "phase one" trade deal with China, allaying some of the worst fears. At home, unemployment hovering around 5.0 percent -- close to its lowest point since German reunification in 1990 -- rising wages and lower tax and social charges should provide a solid foundation. But in the months and years ahead, megatrends such as the impact of an ageing population and measures to lower greenhouse emissions pose challenges for sustaining growth, while "risks persist in the foreign trade environment," Altmaier warned. tgb/mfp/bmm
schema:headline	German govt ups 2020 growth forecast to 1.1%
schema:mentions	Wind power by country Greenhouse gas Berlin Brexit Boris Johnson Germany Gross domestic product China German reunification Peter Altmaier Microsoft Outlook
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-01-29 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	70 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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