- Analytics
- News and Tools
- Market News
- Bundesbank: German economic growth remained subdued in the first quarter
Bundesbank: German economic growth remained subdued in the first quarter
The Bundesbank said in its monthly report on Monday that German economic growth remained subdued in the first quarter.
According to the bank, the major draggers behind this subdued performance were weak industrial production, falling export demand for cars and deteriorating manufacturing sentiment.
Struggling with unexpected weakness in among its car manufacturers, Germany barely escaped a recession last quarter, the Bundesbank said in the report.
The regulator also noted that fresh indicators suggest any recovery will be slow, at best, a drag on growth across the entire Eurozone.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
