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26th Jul 2016 04:48Eurozone, Economic Monitor

The German statistical office will supply a confidential estimate to Eurostat for this week's advance euro area Q2 GDP data. Our analysis suggests this number will be grim, and weigh on the aggregate EZ estimate. Our GDP model, which includes data for retail sales, industrial production and net exports, forecasts that real GDP in Germany contracted 0.1% quarter-on-quarter in the second quarter, after a 0.7% jump in Q1.

german investment ez gdp ez gdp capex germany growth imports import ifo referendum pmi german pmi ism manufacturing ism tax

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Keywords for: 26 July. 2016 The German Economy Stalled in Q2, But Should Rebound in Q3

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