Germany's economy is set to fall again in the first quarter of this year but there would be a gradual pick up going forward, Bundesbank said in its monthly report on Monday.
The central bank said economic output is set to fall again in the first quarter. However, a gas shortage is no longer expected and the electricity and gas price brakes are reducing energy costs.
As tension on the energy markets eased significantly both corporate investment and industrial production would benefit from this. "Things could slowly pick up again as the year progresses," the bank said. "A significant improvement is not yet in sight."
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.