Germany: Economy is stronger than it looks – Rabobank

Sandeep Kanihama FXStreet Contributor

Rabobank analysts point out that the German economy has slowed sharply in the second half of 2018 even as the manufacturing sector is struggling, but the services sector is doing much better.

Key Quotes

“Domestic demand is relatively strong and will be stimulated by expansive fiscal policies.”

“Growth rates are expected to recover gradually during the year.”

“Germany’s savings surplus will decline, but public finances remain very strong.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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