Fate of German Economy Depends on Trade Uncertainties

German economic growth is only sustainable if trade-related uncertainty abates from the markets.

German economy

Although the German economy moved out of stagnation and managed to grow at 0.7% in Q1 2019, its economic growth is only sustainable if trade-related uncertainty abates from the markets. German GDP had posted a 0.4% increase in Q1 2019, as data released earlier today showed.

However, the Economic Ministry cautions that the German economy is not yet in the clear and continues to remain in a weak phase. To come out of this phase, external factors, especially because of trade conflicts, need to be resolved.

The monthly report released earlier today by the Economic Ministry also expects exports and industrial production to remain subdued in the near future.

ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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