Germany: Bigger problems than a short-term glitch – Nordea Markets

Published: 14/01/2019
Germany: Bigger problems than a short-term glitch – Nordea Markets
Source: WWW.FXSTREET.COM

In view of analysts at Nordea Markets, the problems of the German car manufacturers due to difficulties with the certification of new cars hit the German economy in Q3, and the weakness has extended into the fourth quarter and seems to touch the industrial sector more broadly. Key Quotes “Given that the Q3 numbers were boosted by very favourable inventory accumulation and still showed a cont

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