Bundesbank – German HICP to stay negative over the coming months

By FXStreet German Bundesbank’s latest monthly report releases today showed the central bank sees Harmonized Index of Consumer Prices (HICP) in Germany is likely to stay negative over the coming months.

Key points

Domestic demand remains steady

Positive one off effects have been seen from industrial and construction sectors

German economic momentum to ease in second quarter of 2016

Current account analysis is more than just trade

Q1 growth could exceed Q4
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Source:: FX Street