German GDP growth for 2014 expected to be at 1.5% - Danske

FXStreet (Barcelona) - The Danske Bank Research Team anticipates today’s German GDP release to register a 1.5% GDP growth for 2014.

Key Quotes

“In Europe the most interesting release is German GDP for 2014, which indirectly will give the first estimate of the Q4 growth rate. We expect German GDP to have expanded 0.5% q/q in Q4 after only expanding 0.1% q/q in Q3. If our estimate for Q4 is right, GDP growth for 2014 as a whole should be 1.5%.”