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Germany raises growth forecast for 2017 exports, imports: government source

Reuters

BERLIN (Reuters) - Germany expects both exports and imports to grow faster this year than previously forecast, a government source told Reuters on Tuesday, providing an optimistic outlook despite fears of protectionism under U.S. President Donald Trump.

The source in the right-left ruling coalition said the government expected exports to grow 2.8 percent in 2017, up from a previous forecast of 2.1 percent.

Imports are forecast to grow by 3.8 percent, up from a previous estimate of 3 percent.

(Reporting by Gernot Heller; Writing by Joseph Nasr; Editing by Andrea Shalal)

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