EUR

German GDP went upwards in the first quarter of 2019 according to expectations. GDP growth is 0,4% after -0,2% in the last quarter of 2018.

German manufacturing PMI was 44,3 and services PMI was 55,0 (both below expectations). French Manufacturing PMI was 51,7 and services PMI was 50,6 (both above expectations). As for the Ifo business climate, it declined to 97,9 after 99,2 last month.