empty
 
 

2018.08.2008:32:00UTC+00Germany's Growth Likely To Slow In Q3: Bundesbank

Germany's economy is likely to remain on a sound growth path in the third quarter but the pace of growth could end up being somewhat slower than the average for the first half of the year, Bundesbank said in its monthly report on Monday.

Accordingly, industry is not expected to make any meaningful contribution to aggregate growth.

The central bank assessed the situation in the labor market as remaining very favorable. However, it did not improve as much as in previous quarters.

According to official data, the largest euro area economy expanded at a slightly faster pace of 0.5 percent in the second quarter on domestic demand.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback