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The signs for Germany's further economic development are promising, with a high level of stability. Coface’s expectations for solid growth therefore come as little surprise. This year’s gross domestic product is expected to grow by 1.8 % (seasonally adjusted and corrected for working days). Growth for next year, at 1.7 %, will only be marginally smaller. Since 2015, Germany’s economy has been growing faster than the potential of 1 to 1.5 % set by the German Bundesbank and several research institutions.

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