German economy picked-up pace in Q1 - Bundesbank monthly report

Headlines from the latest Bundesbank (Buba) monthly report:

Economy grew strongly in Q1

Expect a loss of economic momentum in Q2

See negative inflation likely in spring

Could see a slight rise in unemployment in the coming months

The implied path of crude prices are seen as leading to positive inflation again

There is no evident risk of increasing second round effects in Germany

Q1 GDP could be tangibly above 0.3%