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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Germany Economy Excelled in the First Quarter of the Year

May, 12 2017
watermark Economic news

For the first quarter of 2017, the German economy is performing well, pushed by construction investment, machinery and equipment including strong household, exports and state spending according to the Federal Statistics Office. The private household and state expenditures increased slightly higher at the start of the year.

The nation grew by 0.6 percent in the first quarter higher than the 0.4 percent from October to December in 2016. For the year, the GDP rose by 1.7 percent based on a seasonally adjusted first quarter that the expectations of the forecast.

The positive data describes the broad-based strength of the German economy compared to other countries. At the same time, this also supports Chancellor Angela Merkel standing prior to Sept. 24 federal election for her fourth term as she is already ahead of her rival in the polls.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.