Germany's central bank sharply cut its 2013 economic growth
forecast to 0.4 percent on Friday, while poor industrial production figures
underlined expectations of a weak winter for Europe's biggest economy, according to Bloomberg.
The Bundesbank cut its outlook for gross domestic product
growth next year from the 1.6 percent it predicted in June. It also lowered its
forecast for 2012 to 0.7 percent from 1 percent. That put the central bank's outlook well
below the government's prediction of 0.8 percent growth this year and 1 percent
growth in 2013…..
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