Earlier Germany confirmed quarterly GDP figures and saw a boost to the annualised number. Commerzbank note that the details of improvement beneath the numbers show good signs of that continuing. They say that capital expenditure rose for the second consecutive quarter nad that Germany should continue to out perform the rest of Europe (which isn’t going to be hard given today’s numbers)
Just looking back over the details, growth was impacted by higher imports and lower exports while the only positive contributions to growth was from domestic demand. Consumption spending was higher in households and government.
Stick that in your pipe EU probers.
I think you’ve have one probe too many sunshine
