RaboResearch - Economisch Onderzoek

Conjunctuurbeeld

Germany: Steady as she goes (Engelstalig)

Once again, the German economy posted a positive growth figure in the third quarter. The increase has been entirely domestic-driven. We expect domestic demand to remain strong given the solid labour market and the positive investment outlook.

Conjunctuurbeeld

France: Nombres rouges (Engelstalig)

The French economy slightly contracted in 13Q3, but this was largely due to a bounce back from the strong 13Q2 figure. We expect the recovery to continue, albeit very gradually. Therefore, we do not envisage a robust improvement in the labour market.