Bundesbank says private consumption important pillar of growth

German central bank out with latest monthly bulletin 26 June

Comment echoing that of the IFO earlier in an upbeat assessment for June.

  • German upswing also helped by lively mftg
  • sees economy continuing on robust growth path
  • German CPI to remain around May levels in coming months

Full bulletin here but no English version available yet.

Euro unfazed but EURGBP retreating from 0.8800 as DUP/Conservatives sign a deal

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