German 2016 GDP forecasts set to be revised higher

Germany's economy was set to outstrip earlier forecasts from the country's leading research institutes.

The Eurozone's economy would expand at a 1.9% clip in 2016, faster than the 1.6% previously estimated, according to revised projections due to be published on the next day and seen by Reuters.

In 2017 the economy would grow by 1.4%, one tenth of a percentage point less than had been expected.