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Bundesbank on the German economy

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Bundesbank has published its monthly report, where it comments on current situation in German economy.

Central bank says that in the third quarter of 2015 we saw a continued improved in the economic activity. The momentum for the economy seems to be strong, creating a positive outlook for consumption expenditures. Positive developments on the labor market have been signalized as well, which are improving the households’ real incomes.

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Industrial production and exports undershoot the earlier expectations, however Bundesbank does not yet see a significant deterioration in the indicators on the way.

Further improvement in the economic activity is expected, however it may be seen in slower pace than what we have seen recently.

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