Free Trial

MNI: GERMANY DATA: Final GDP (Q1 2019) Preview -.....>

MNI, NEWS
MNI: GERMANY DATA: Final GDP (Q1 2019) Preview - 07:00 BST
-------------------------------------------------------------------------------
- Flash: 0.4% q/q (sa), 0.7% y/y (wda); Prev (Q4): 0.0% q/q (sa), 0.6% y/y (wda)
- Final release expected to confirm that the German economy rebounded strongly
at start of the year, after contracting slightly in Q3 and flatlining in Q4 
- Quantitative breakdown by expenditure components to be provided
- In the qualitative commentary included in the flash release, Destatis noted
that the main driver of growth in Q1 was domestic demand...
- ... with a significant increase in fixed investment in equipment, machinery
and construction accompanied by an acceleration in household consumption
- In contrast, govt spending fell while net trade appears to have had a broadly
neutral impact, as both exports & imports reportedly rose at a similar pace 
- With some one-off factors having contributed to the spurt in Q1 growth, Q2 is
likely to see a softer performance 
- Global trade policy uncertainty continues to weigh on the short- to
medium-term outlook for the highly open German economy 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.