	Symbol	Bid	Ask
	EURUSD	1.2853	1.2856
	GBPUSD	1.5209	1.5212
	USDJPY	102.51	102.54
	USDCHF	0.9697	0.97
	USDCAD	1.0274	1.0277
	EURJPY	131.75	131.78
	EURCHF	1.2464	1.2467
	GBPJPY	155.85	155.92
	GBPCHF	1.4747	1.4754
	GOLD	1357.95	1358.55
Real time market quotes

Live help online

Click here

German Ifo Institute Sees 0.7% GDP Growth This Year

The German economy is expected to grow 0.7 percent in 2012, slightly faster than forecast in December, according to a twice-yearly report published by Ifo institute on Thursday.

In December, the institute projected a 0.4 percent expansion for the economy. However, the think tank observed that the increased uncertainty in Eurozone continued to dampen German economic momentum.

In 2013, the gross domestic product is expected to grow 1.3 percent, buoyed by strong domestic demand.

Unemployment is expected to fall to 6.6 percent next year from 6.7 percent in 2012. Consumer price inflation is projected to remain stable at 2 percent.

Published: 2012-06-28 08:34:00 UTC+00

Back to news list

See also: Current support and resistance levels

EUR/USD

GBP/USD

USD/JPY

GBP/JPY

EUR/CHF

AUD/USD

May 20 at 14:24 UTC