Bundesbank: Economy grew strongly in Q1

Author: Ryan Littlestone | Category: Central Banks

Latest Bundesbank monthly report

  • Expects a loss of economic momentum in Q2
  • Sees negative inflation likely in spring
  • Could see a slight rise in unemployment in the coming months
  • The implied path of crude prices are seen as leading to positive inflation again
  • There is no evident risk of increasing second round effects in Germany
  • Q1 GDP could be tangibly above 0.3%

That's given the nod for Q1 GDP numbers at least.          

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