Bundesbank: German economic growth is fundamentally intact

The German central bank, Bundesbank (Buba), highlighted the following points in its latest monthly economic report.

German economic growth is to improve markedly

Growth weakness during the summer has been due to car makers.

That was a result of the emission rules switch.

The economy is to rebound once they adjust to new emission standards.

Industry slump could be a temporary issue.

Growth is fundamentally intact with domestic demand still robust.

Ireland Gross Domestic Product (QoQ) climbed from previous -0.6% to 2.5% in 2Q

Ireland Gross Domestic Product (QoQ) climbed from previous -0.6% to 2.5% in 2Q
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WTI bounces-back towards $ 69.50 on looming US Iran sanctions

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