- Says Q2 growth will be significantly lower after Q1 surge
- Sees substantial strengthening in German growth
- Q1 growth reinforced temporarily by positive weather effects
- Momentum of growth in Q4 2013 should have exceeded reported seasonally adjusted rate of 0.4%
In December the Bundesbank forecast 2014 GDP at 1.7% and 2.0% for 2015. The comments are from their monthly report.
