• Bundesbank: Weakness in the manufacturing sector continues to be a drag on the German economy

Market news

17 June 2019

Bundesbank: Weakness in the manufacturing sector continues to be a drag on the German economy

  • One-off factors that underpinned the first quarter expansion are expiring or being reversed
  • German economy to shrink slightly in the second quarter
  • Activity in the construction sector was cooling
  • But buoyant forces underpinning strong domestic-oriented sectors of the economy remain fundamentally intact

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