Wednesday, February 27, 2013

Germany Bundesbank is optimistic with the economy in Q1 2013

Bundesbank Optimis Dengan Perekonomian Jerman di Q1 2013

Monexnews-Germany's economy is likely to return to the path of growth in the current quarter, and avoiding recession after a contraction in the last quarter of last year, according to the Bundesbank's monthly report.

"From the perspective of today, an increase in overall economic output will be seen in the first quarter of 2013. This view is supported by the prospect of the industrial sector, in particular, that shows sufficient adjustment response of output by the end of 2012, "said Germany's central bank.

Bundesbank also add if they see "the presence of signs of improvement in economic activity through the year 2013, although the external environment is still not promising to launch a strong surge in demand," the Bundesbank added. (vid)



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Title Post: Germany Bundesbank is optimistic with the economy in Q1 2013
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Author: Mohammad Zulfi Satriawan

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