Sharp Germany IP Drop to Weigh on 3Q Growth Momentum: Barclays
Source: BFW (Bloomberg First Word)
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Olga Tschekassin (Barclays PLC)
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UUID: 7947283
(Bloomberg) -- German GDP growth is likely to moderate over the coming quarter, with growth to slow to 0.3% q/q in 3Q, Olga Tschekassin of Barclays writes in client note.
Alert: HALISTER1- Despite healthy state of Germany domestic economy, today’s negative IP reading is in line with poor factory orders over 2Q
- Growth momentum momentum will weaken in the coming months as uncertainty stemming from Brexit will weigh on the demand for German industrial goods
Source: BFW (Bloomberg First Word)
People
Olga Tschekassin (Barclays PLC)
To de-activate this alert, click here
UUID: 7947283