empty
 
 

2020.01.2013:06:00UTC+00German Economy Probably Stagnated In Q4 - Bundesbank

Germany's economy likely stagnated in the final three months of 2019, the Bundesbank said in its monthly report released on Monday.

The divergence continued with the domestic economy giving impetus, while the sluggishness in the export industry remained. However, there were increasing signs of a stabilization in the manufacturing sector, the report said.

The strong labor market and income prospects continued to underpin consumer spending as suggested by the exceptionally good retail sales figures at the end of the year. The domestic construction sector also benefited from the positive income prospects and the very favorable financing conditions.

  • 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 $8000 more!
    In March we raffle $8000 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