FRANKFURT - German growth will rebound after a poor third quarter as the economy works through one-off issues that held it back through the summer months, the Bundesbank said in a monthly economic report on Monday.
The GDP of the euro zone's biggest economy dropped by 0.2 percent last quarter with the fall due almost entirely to weakness in the car industry, which struggled to adjust to new emission testing requirements.
"By the end of the year, the German economy is likely to expand quite strongly again," the Bundesbank said. "Overall economic production capacity will continue to be utilized far above average."
It added that employment growth is solid and labour demand remains high, even as the economy is already struggling with labour shortages, which has pushed up wages.
Still, global growth appears to have cooled, the Bundesbank added, noting that advanced economies in particular seem to have lost momentum.
Good performance services ..Keep up the good work!.
Good performance services ..Keep up the good work!!! Really appreciate your effort.
Dr. Ravindra Dhivare
Advisorymandi.com is really appreciable . As they.
Dr. Ravindra Dhivare
Advisorymandi.com is really appreciable . As they give proper calls & levels with proper SL. Advisorymandi,com teaches us, how to trade in share market in proper way. Personalized services also tell you about your services like, phone calls, reminders & other suggestions are really very appreciable with polite conversations.
Outstanding team effort as they are very cooperative , polite and helps in sorting out problems and queries in best possible manner.
Working with Advisorymandi.com was the best decisi.
Working with Advisorymandi.com was the best decision of my life. The work is highly credible. A BIG THANKS for their virtuoso services.
ADVISORYMANI.COM is a platform where you can know .
ADVISORYMANI.COM is a platform where you can know everything about share market and how to trade?It is a best Platform for a beginner who has just started trading. Employee of advisorymandi are very friendly. They are always ready for you to help in any condition. From my opinion every beginner who wants to be a successful trader , they the should join "ADVISORYMANDI.COM"
YOUR WORK SPEAKS VOLUMES OF THE KIND OF CONCEPTS I.
YOUR WORK SPEAKS VOLUMES OF THE KIND OF CONCEPTS IT IS-EFFICIENT,ORGANIZED and RESULT ORIENTED. WELL DONE!! ADVISORYMANDI.COM AND TEAM