Economists expect the acceleration of the German GDP growth

Reuters conducted a survey of 22 bank economists and analysts on the prospects for the German economy. According to participants in the survey, German GDP in the first quarter of 2019 will grow by an average of 0.4%. Economists also expressed the view that the revival of construction and the increase in consumer demand will help the German economy to quickly return to growth. The second half of last year caused concern about the future dynamics of Europe’s largest economy, since Germany reduced GDP by 0.2% in the third quarter and ended the year with stagnation. In the first quarter of this year, industrial production, according to the Ministry for Economic Affairs, increased by 0.5% compared to the previous quarter, mainly due to a 3.9% rise in the construction industry.

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