German government raises 2020 economic growth forecast to 1.1%
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BERLIN (Reuters) - The German government has revised its estimate for this year's economic growth up to 1.1% from 1.0% previously, sources familiar with the figure told Reuters on Monday.The new estimate still needs to be approved by deputy ministers in charge of preparing the next cabinet meeting on Wednesday, the sources added.Europe's largest economy narrowly dodged recession last year, and the Ifo institute's monthly survey on Monday showed business morale weakening, suggesting the economy..