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The Bundesbank said that after the strong growth in the spring, the German economy may be slower in the third quarter of 2016. This partly reflects the obvious deterioration of corporate confidence. The economic indicators in the third quarter of the season were very weak, especially in the industrial sector. .
Earlier, the German Ministry of Economic Affairs also said that the German economic growth rate in the second half of this year will be lower than that of the first half of the year. In part, due to the decision of the British referendum to "Brexit", the external economic environment facing Germany is still grim. However, the upward trend of the German economy is still stable and is expected to grow at a moderate pace.
According to data released by the European Economic Research Center last week, Germany's September ZEW economic sentiment index was unchanged from August, which was significantly lower than expected, suggesting that Germany's economic growth momentum has cooled down. German think tank ZEW said that the current economic situation in Germany is still unclear, and it is difficult to make expectations for the coming months. The export of Germany, especially the export and output data of non-EU countries, is disappointing.
Manufacturing exports are weak, the German central bank expects German economic growth may slow down
Abstract The German central bank issued a monthly report on the 19th that the German economy may slow down in the third quarter due to weak manufacturing export demand. The Bundesbank said that after the strong growth in the spring, the German economy may be slower in the third quarter of 2016, which is partly...
The German central bank said in its monthly report released on the 19th that German economic growth may slow down in the third quarter due to weak manufacturing export demand.