The German Ministry of Finance expects economic growth during Q3

The monthly report of the German Ministry of Finance has highlighted the emissions scandal surrounding German automakers and how dangerous it is for the economy. In the report, the ministry also cited the risks of how Brexit will happen, as well as US trade policies that still exist.
The ministry said the diesel crisis should be classified as a new threat to the German economy, although it is not possible to determine its effects at the current moment, and given the importance of the automotive industry, and its effects in the medium term as a threat to overall economic development.
Strong household and state spending also spurred economic growth during the second quarter of 2017, but weak net foreign trade undermined the growth as exports recorded a stronger growth less than imports. The ministry expects the industrial sector to continue to grow during the third quarter of this year.