Buba monthly report: German 2017 GDP growth may exceed June forecast

The German central bank, Bundesbank (Buba) is out with its latest monthly economic report, showing some optimism on the German economic growth prospects for this year.

Key Headlines:

German 2017 GDP growth may exceed June forecast

Strengthening Euro damping price pressures

German upturn likely to continue in current quarter with expansion fuelled by industry, exports, consumption

Sees strong economic momentum in summer months

German core inflation to pick up in coming months