• Bundesbank: Germany's economy to contract by nearly 10% in Q2 2020 - monthly report

Notícias do Mercado

22 junho 2020

Bundesbank: Germany's economy to contract by nearly 10% in Q2 2020 - monthly report

  • Bundesbank: Germany's economy to contract by nearly 10% in Q2 2020 - monthly report
  • German government stimulus package should bolster economic recovery
  • It should also help improve consumer, business sentiment
  • But that is unlikely to see much effect in Q2
  • Construction boom withstood the pandemic for the most part
  • Inflation to be "markedly negative" from July until year-end
  • Should turn positive again in 2021, with base effects boosting 2H 2021 readings

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