GERMAN GROWTH MAY EXCEED 2 PERCENT

GERMAN GROWTH MAY EXCEED 2 PERCENT

West German economic growth could exceed 2 percent in 1988, if world trade continues to grow and currencies remain relatively stable, Dresdner Bank said Friday in its latest economic report.

The forecast is the latest in a series of more-optimistic predictions after fears eased that last year's world stock market crash would affect West German growth, which was 1.7 percent in 1987.The bank, West Germany's second-largest, said industrial production would continue to grow only slowly. Good foreign demand would support economic growth, it said.

The bank said it expects West Germany's first quarter gross national product to be 3 percent higher than in the first quarter of 1987, influenced largely by this year's mild winter weather.