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Ifo Institute lifts Germany growth outlook to 1.4% for the current year

Ifo Institute said healthy exports and rising German public investment lifted expectations, raising its Germany growth estimate to 1.4% for the current year from 0.8% in its previous quarterly outlook.

By Ed FranklHealthy exports and a rising German public investment have raised expectations for the country's economic growth this year, a leading economic-research institute said Thursday.The Ifo Institute now anticipates growth of 1.4% for the current year, from 0.8% in its previous quarterly repo…