Home / Market Update / Germany to Maintain Economic Recovery

Germany to Maintain Economic Recovery

The German economy is expected to maintain recovery until the end of the year, according to Germany’s economy minister.

The minister expects strong growth during the third quarter (Q3) of 2020. However, reaching pre-COVID-19 levels is not expected before 2022.

“The German economy is continuing to pick up, albeit at a more moderate pace,” the minister was quoted by Reuters as saying.

Check Also

Core PCE

The Core PCE Price Index: A Key Indicator in Focus

The Core Personal Consumption Expenditures (PCE) Price Index, a key inflation indicator closely monitored by …