German economy is pushed into higher gear by broad-based upswing

German economy is pushed into higher gear by broad-based upswing

The German economy gained speed during the first quarter of 2017, powered by higher investment in machinery, construction and equipment, sturdy household as well as state spending, not to mention strong exports, as the Federal Statistics Office disclosed on Friday.

On the quarter in the January-March period Europe's number one economy add by 0.6% after 0.4% for the last three months of 2016, as the data disclosed.

It turned to be in line with the consensus forecast in a Reuters survey as well as the strongest quarterly surge rate since the first quarter of the previous year, when the German economy managed to expand by 0.7%.

Private households and the state ones moderately stepped up their consumption expenditures at the beginning of 2017.

On the year, Germany’s GDP tacked on by 1.7% on a seasonally unadjusted basis during the first quarter, and it was in line with the consensus prediction.


Japan February export surge is caught speeding down

In February, Japan's exports tacked on at a slower tempo than in January because of the timing of the Lunar New Year holiday, although their upward trend’s supposed to stay unchanged with steady external demand, as a Reuters survey disclosed on Friday…


Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera