Based on the preliminary report, German's Q3 GDP expanded by 0.32% qoq. The economy posted 0.44% growth in Q2. The domestic demand is likely to lead the growth rate in this quarter.
"We expect private and government consumption to have increased by 0.4% and 0.3% qoq, respectively, while net exports should have made a negative contribution. According to the qualitative information in the flash release, investment is likely to have been the main reason for the weaker-than expected GDP growth", says Societe Generale.
However, a slower growth rate is likely in Q4 as the weaker global outlook may hit trade and investment of the country.


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Dollar Weakens Ahead of Expected Federal Reserve Rate Cut
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 



