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Berlin (dpa) - Federal Minister of Economics Peter Altmaier (CDU) presents the new economic forecast of the federal government today.

As it was previously said from government circles, the government is more confident about economic development in Germany this year.

In the spring projection, she now expects growth of 3.5 percent.

So far, the federal government had expected the gross domestic product to increase by 3.0 percent in 2021.

In the past year, economic output collapsed as a result of the Corona crisis.

The federal government has so far been more pessimistic than research institutes, for example, which in a joint forecast in mid-April forecast growth of 3.7 percent.

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The picture in the German economy is currently twofold: While sectors such as the catering industry continue to be burdened by closings, the situation in industry is comparatively good.

This is also due to the fact that demand is increasing in important export markets such as China.

© dpa-infocom, dpa: 210427-99-367537 / 2