• Bundesbank’s monthly report: the underlying trend in the German economy remains strong

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26 octubre 2015

Bundesbank’s monthly report: the underlying trend in the German economy remains strong

The German Bundesbank released its monthly economic report on Monday. The central bank said that the underlying trend in the German economy remains strong, but it lost some momentum.

"The upward momentum of overall economic activity in Germany continued in the third quarter," the central bank said.

Households' real income benefited from higher wages and lower energy prices, according to the report.

The Bundesbank pointed out that the construction sector lost momentum.

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