Latest Bundesbank monthly report
- Expects a loss of economic momentum in Q2
- Sees negative inflation likely in spring
- Could see a slight rise in unemployment in the coming months
- The implied path of crude prices are seen as leading to positive inflation again
- There is no evident risk of increasing second round effects in Germany
- Q1 GDP could be tangibly above 0.3%
That's given the nod for Q1 GDP numbers at least.
