German Economy Ministry’s monthly report: the German economy is expanding solidly

Market news

11 November 2015

German Economy Ministry’s monthly report: the German economy is expanding solidly

The German Economy Ministry said in its monthly report on Wednesday that the German economy is expanding solidly. The ministry noted that lower exports and industrial activity weighed on the economy in the third quarter.

According to the ministry, low oil prices, a weak euro and demand from refugees will help the German economy in the second half of the year.

Before the bell: S&P futures +0.28%, NASDAQ futures +0.26%

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