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Brexit expected to hit German growth in 2017

Germany’s economy and foreign trade will suffer, with growth next year falling by nearly half, as Brexit’s effect begins to be felt, according to a forecast by the DIW institute. Growth in 2017 is projected at 1%, down from an expected 1.9% this year, with Brexit alone knocking about a third of a percentage point off the 2017 figure.

Reuters (08 Sep.)