BERLIN (Reuters) – The German government has raised its growth forecast for this year to 3.5%, compared with the 3% growth it was expecting back in January, a source said, adding that the upward revision was justified by a stronger-than-expected fourth quarter.
The source added that the government expected Europe’s largest economy to expand by 3.6% in 2022.
(Reporting by Holger Hansen; Writing by Thomas Escritt; Editing by Mark John and Maria Sheahan)