Germany lost momentum in Q3 – Bundesbank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - Germany’s Bundesbank, in its latest monthly report, acknowledged the loss of growth momentum in the German economy during the third quarter.

    Still, the bank says despite the slower Q3, German economic growth is quite strong. Positive CPI, HICP is seen over the coming months.

    Key Quotes

    Industrial activity continues to go sideways

    Low energy prices and disposable incomes still making household consumption the main driver of the economy
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