The positive tone is dominating the monthly report of the Bundesbank

21 Aug 2017 02:03 PM

The German Central Bank's monthly report was released this morning:

• We see strong economic momentum during the summer months.
• This expansion was supported by industry, exports and consumption.
• German core inflation is expected to rise in the coming months.
• The strength of the euro undermines price pressures.
• GDP growth for 2017 is expected to exceed the June forecast.

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