The Bundesbank said in its monthly report today that the German economy is likely to recover slightly from its lost momentum in the second quarter, supported by private consumption, manufacturing and export recovery. Economic growth fell unexpectedly by 0.3% on quarterly in the first quarter.
The question remains whether this slowdown was just a hiccup or signals the end of a boom in Europe's largest economy.
Concerns that rising trade tensions may also affect growth and investor sentiment. The International Monetary Fund (IMF) warned that the Eurozone is facing risks that could lead to hand landing for the economy after a 5-year boom.
