Home / Market Update / German Economy to Grow During Q3 of 2020

German Economy to Grow During Q3 of 2020

Germany’s Minister of Economy, Peter Altmaier, said on Wednesday that the largest economy in Europe is expected to perform better than expected during the third quarter (Q3) of 2020.

Meanwhile, the DIW institute expects the German gross domestic product (GDP) will grow by 6% in Q3 of the year, recovering from the negative impact of the COVID-19 pandemic.

Check Also

ISM Signals Slower U.S. Factory Growth as Iran Tensions Keep the Dollar in Demand

Fresh economic data from the United States delivered a mixed signal to global markets on …