Bundesbank: more optimistic German GDP growth forecast for the coming year

Germany's Bundesbank raised growth projections on Friday, arguing that the economy will continue to enjoy an export-driven boom. 

Updated forecasts for 2018 and 2019:

   •  Sees persistently high underlying German growth pace
   •  2018 GDP growth forecast at 2.5% vs 1.7% in June forecast
   •  2019 GDP growth forecast at 1.7% vs 1.6% in June forecast
   •  2018 inflation forecast at 1.6% vs 1.4% in June forecast
   •  2019 inflation forecast at 1.7% vs 1.8% in June forecast
   •  Sees inflation in 2020 at 1.9%