24 Mar 2015
Germany to witness robust economic uptrend in 2015 – Bundesbank
FXStreet (Mumbai) - Germany's Bundesbank, the country's central bank, said in its fresh monthly report released on Monday that it expects strong economic growth in the first half of 2015.
The bank noted in the document, "The German economy, following surprisingly strong growth at the end of 2014, should have continued to grow strongly in the first quarter of 2015,"
On the economic prospects, the report mentioned, "For the second quarter, too, the robust economic uptrend will continue. The main driving forces are foreign demand, private consumption and, to a lesser extent, residential construction."
The bank noted in the document, "The German economy, following surprisingly strong growth at the end of 2014, should have continued to grow strongly in the first quarter of 2015,"
On the economic prospects, the report mentioned, "For the second quarter, too, the robust economic uptrend will continue. The main driving forces are foreign demand, private consumption and, to a lesser extent, residential construction."