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EURUSD 1.2931 1.2934
GBPUSD 1.5123 1.5126
USDJPY 101.27 101.3
USDCHF 0.9614 0.9617
USDCAD 1.0318 1.0321
EURJPY 131.01 131.04
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GBPCHF 1.4541 1.4548
GOLD 1386.2 1386.8

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German Economy Lacking Momentum, Says Bundesbank


The German economy is currently lacking momentum, the Bundesbank said in its monthly report on Monday.

The central bank said that improvement in labor market and increase in wages are supporting investment by households in the construction sector.

Demographic challenges might dampen economic growth in coming years, unless suitable reforms are taken, the central bank added. The bank sees potential output growth at around 1.25 percent until 2020.

Publicații: 2012-04-23 13:31:00 UTC+00


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May 25 at 0:49 UTC

 
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