Low oil prices boosting domestic demand – German Bundesbank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - German Bundesbank’s monthly report released today showed the central bank sees low oil prices boosting German domestic demand.

    Manufacturing to pick up pace

    "The significant increase in orders from within the country and abroad which is in line with an improved business outlook and the latest recovery in export expectations, signals that manufacturing is about to pick up pace"

    Other key points

    More Eurozone investment seen on lower uncertainty, loose monetary policy

    HICP inflation expected below Dec forecast assuming oil prices remain unchanged

    Fourth quarter German growth may have been similar to third quarter expansion driven by domestic demand
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