Germany's economic activity will pick up strongly in the second quarter, the Bundesbank said in its monthly report on Monday.
But the bank forecast the momentum to slowdown in the summer.
Production expectations for the coming months have been lowered. Further, the bank said the recovery on the labor market does not seem to continue.
The construction sector recovered from weather-related weakness in the first quarter, the bank said.
Bundesbank last week lowered Germany's growth for this year to 0.3 percent from 0.4 percent. The economy is seen growing 1.5 percent in 2014.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.