Report
German Q1 GDP: Strength across the board
The details of German first quarter GDP were released this morning, showing domestic and foreign demand driving growth of the German economy at the beginning of the year. Although German demand components are quite volatile, the strength of private consumption and investment spending are clearly reassuring a t this point . As the external environment is likely to darken again going forward , the domestic side will provide some buffer to compensate for potential weaker export growth.
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Dirk Schumacher
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