From the "Volkswagen" to China: Risks that may hinder economic growth in Germany.
The economic center of Europe is being tested for resistance. Industrial Excellence Germany was questioned scandal exhaust Volkswagen AG, the economic slowdown in China and other emerging markets. This threatens exports and the inflow of migrants increases the burden on the country's finances. This week, a small amount of economic data will give a hint about whether the largest economy in the euro zone to go through the obstacles that have accumulated in the last few weeks, or at risk of running aground. See also:
Time to buy "Volkswagen"!
Considering that the growth of the eurozone economy is dependent the economic health of Germany, European Central Bank President Mario Draghi is closely following the problems ahead. The resumption of the fall in energy prices has a counter effect of quantitative easing, pushing inflation back to below freezing and causing a debate on the need for increasing stimulus measures, which are likely to increase if the economic recovery in Germany will fluctuate. "The economy has the potential to cope with obstacles, but there may be some surprises, "- said Stefan Schneider, an economist at Deutsche Bank AG in Frankfurt. - "The global outlook has worsened, and it does not help investment costs." The first sign of the economic outlook to be on Monday, when the London Markit Economics index update combined manufacturing and services activities (see.
Economic Calendar). Preliminary data from September 23 this solid, although weaker growth in the last month.The data on Tuesday and Wednesday to help assess the condition of all the important sectors of the manufacturing industry in Germany, where there are data on August factory orders and industrial production in August. While economists believe that both the index rose, they did not reflect the impact of falling stock "Volkswagen" after September 18 when it was
discovered cheating automaker American emissions test.
According to the materials WELTRADE