April 24, 2018 / 5:23 PM / a year ago

German government lowers GDP growth forecast to 2.3 percent in 2018

A general view of the city skyline show the Chancellery (L-R), the Reichstag and the Victory column during a sunny day in Berlin, Germany, March 17, 2016. REUTERS/Fabrizio Bensch

BERLIN (Reuters) - The German government has lowered its economic growth forecast for this year to 2.3 percent from 2.4 percent previously, a source familiar with the figure told Reuters on Tuesday.

Economy Minister Peter Altmaier will present growth forecasts for 2018 and 2019 during a news conference on Wednesday. They will form the basis of new tax estimates which are due in early May.

Reporting by Rene Wagner; Writing by Joseph Nasr; Editing by Robin Pomeroy

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