Ifo cuts 2020 German growth forecast as industry recession broadens
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BERLIN (Reuters) - Germany's influential Ifo institute on Tuesday cut its 2020 German growth forecast for Europe's largest economy as it warned that a manufacturing recession was starting to spill over into other sectors.German exporters are struggling with weaker foreign demand, trade disputes and business uncertainty caused by Britain's expected departure from the European Union. The headwinds from abroad mean the economy is likely post meagre growth this year.The Ifo institute confirmed its..