Latest BUBA monthly report published a short while ago
- could see weak industrial output up to end-2015
- consumption can help growth to stay above potential
"The German economy remained on its growth path in the third quarter of 2015. According to a report by the Federal Statistical Office from 13 November 2015, real GDP went up by a seasonally and calendar-adjusted 0.3% between July and September 2015 compared with the previous quarter. The pace of growth was therefore somewhat more moderate than in the second quarter, when GDP rose by as much as 0.4%.
In its November issue of the Monthly Report, the Bundesbank concludes that domestic consumption was the main driver of economic growth in the third quarter, whereas investments and exports failed to provide any stimulus"
Full monthly report here
Meanwhile econ min and vice-chancellor Gabriel says Germany is "vulnerable" to terrorist attacks but they won't restrict asylum law
- he and other German govt officials to attend football game tomorrow vs Netherlands
- economy strong enough for continued good development
Gabriel - Will not restrict Germany's asylum law
