German Economy Ministry: Trade, Brexit still source of uncertainty

In its monthly bulletin on the economic assessment, the German Economy Ministry sounded quite upbeat despite the looming Brexit and trade worries.

Main Headlines (via Reuters):

Brexit and trade dispute are still causing uncertainty.

Impetus from domestic economy remains strong.

Indicators point to subdued development of exports in the coming months.

Construction boom is likely to continue given increase in orders.

Private consumption likely to continue doing well.