Comments by Federal Ministry for Economic Affairs and Energy (Germany) 12 Dec 2017
- Rise in industrial production could be weaker in Q4
- But positive sentiment indicators suggest underlying economic trend is still strong
- Sees further increase in German exports despite recent weakness
- Sees continuing pace in private consumption as incomes and employment keep rising
Some comments about the German economy. They still paint a positive picture, which will only help to fuel Eurozone optimists further at this point.
EUR/USD starting to stretch its muscles a little as the day progresses. Now trading higher at 1.1785 but still tightly bound.
