Bundesbank: German economy did better in Q1 of 2023 than expected – by eren_fxstreet Germany CentralBanks Macroeconomics
"The German economy did better in the first quarter of 2023 than expected a month ago and activity is likely to have picked up again somewhat," Germany's Bundesbank said in its monthly report published on Monday.
"Industry recovered more strongly than expected," the Bundesbank further noted and added that high employment in Germany should keep supporting consumer activity. was still mixed with inflation still weighing on consumption.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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