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German economy picked-up pace in Q1 - Bundesbank monthly report

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Headlines from the latest Bundesbank (Buba) monthly report:

    Economy grew strongly in Q1

    Expect a loss of economic momentum in Q2

    See negative inflation likely in spring

    Could see a slight rise in unemployment in the coming months

    The implied path of crude prices are seen as leading to positive inflation again

    There is no evident risk of increasing second round effects in Germany

    Q1 GDP could be tangibly above 0.3%
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