Advertisement
Singapore markets closed

  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     

  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • Bitcoin USD

    64,251.72
    +1,173.50 (+1.86%)
     

  • CMC Crypto 200

    1,381.69
    +69.07 (+5.26%)
     

  • S&P 500

    4,959.40
    -51.72 (-1.03%)
     

  • Dow

    37,884.45
    +109.07 (+0.29%)
     

  • Nasdaq

    15,254.29
    -347.21 (-2.23%)
     

  • Gold

    2,410.20
    +12.20 (+0.51%)
     

  • Crude Oil

    83.10
    +0.37 (+0.45%)
     

  • 10-Yr Bond

    4.6170
    -0.0300 (-0.65%)
     

  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     

  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     

  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

German growth seen slowing in third-quarter on car registration bottlenecks

Reuters
A construction site is pictured near the Hauptbahnhof main train station in Berlin, Germany, July 11, 2018. REUTERS/Fabrizio Bensch/Files (Reuters)

BERLIN (Reuters) - German growth is likely to be slower in the third quarter, the Economy Ministry said in its monthly report on Monday, citing as a reason bottlenecks in the car sector stemming from the introduction of new pollution standards known as WLTP.

"As the registration bottlenecks gradually clear economic growth is likely to accelerate again in the fourth quarter," the ministry said.

(Reporting by Joseph Nasr; Editing by Michelle Martin)