(ANSA-AP) - BERLIN, MAY 20 - Germany's central bank says it
expects the country's economy, Europe's biggest, to turn in a
feeble performance in the current quarter after returning to
growth in the winter.
Solid consumer spending and a construction boom helped the
economy grow by 0.4% in the January-March period after
contracting slightly in last year's third quarter and stagnating
in the fourth quarter.
In its monthly report published Monday, the Bundesbank said
the overall tendency remains weak. It said that "against this
background, German economic output in the spring of 2019 will
likely barely exceed the level it reached in the winter, which
was supported by various special effects."
The German government's full-year growth forecast currently
stands at 0.5%, compared with 1.8% late last year. It sees
growth accelerating to 1.5% in 2020. (ANSA-AP).
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