Buba Monthly Report: Germany's GDP growth in Q1 could be noticeably lower vs. previous quarters

Germany’s central bank, Bundesbank (Buba) published its latest monthly economic report last minutes, with the key highlights found below.

German boom to continue despite weaker Q1 growth.

Q1 GDP growth noticeably lower than in previous quarters.

Manufacturing made a minor contribution to Q1 GDP.

Strikes in metal and electrical industries likely to have played a role on low production levels.

The unusually strong flu epidemic has also dampened economic activity in other sectors.

Order situation in manufacturing is still very good.