Exclusive-German economic institutes slash 2021 growth forecast to 2.4% -sources By Reuters – Investing.com

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Exclusive-German economic institutes slash 2021 growth forecast to 2.4% -sources By Reuters – Investing.com

© Reuters. FILE PHOTO: General view of empty streets in a business district near the central train station Hauptbahnhof, amid the coronavirus disease (COVID-19) pandemic, during lockdown in Berlin, Germany, January 20, 2021. REUTERS/Fabrizio Bensch

By Rene Wagner

BERLIN (Reuters) – Germany’s top economic institutes will on Thursday slash their 2021 growth forecast for Europe’s largest economy to 2.4% from 3.7% as global supply bottlenecks hobble its recovery, two people familiar with the decision told Reuters.

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