The October 2017 Bundesbank monthly bulletin 23 October 2017

  • German headline inflation to first stay near current level of 1.8pct and then decline around year’s end due to a base effect.
  • The German economy remains in a strong upturn
  • The order situation at German industrial firms is “excellent”
  • Monetary policy makers should consider the possible repercussions for their own price and financial stability when making decisions that impact the exchange rates and capital flows of emerging economies
  • Private consumption could ease back but no lasting deterioration seen
  • Industry will continue to support growth while the construction output has levelled out

A little heads up for the ECB there ahead of their meeting on Thursday.

 

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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Ryan Littlestone

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