As evidenced by survey and economic indicators, growth in exports and domestic demand will slow in Q2 in Germany, believe experts at Capital Economics. Roger Bootle and Jonathan Loynes said in their May 30 research piece titled “Positive signs from Germany but more stimulus needed” that they anticipate that at Thursday’s ECB meeting, President Draghi will strike a dovish tone and leave the door open to further easing.
Germany to experience slowdown in quarterly rate of growth
Bootle and Loynes point out that even though the latest data on Germany’s economic activity has been encouraging, the government could do more to prevent growth in the region’s largest economy from slowing this year. Dissecting Germany's Q1 GDP, the analysts highlight that the growth was...
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