German finance ministry expects growth swing to continue - Reuters
|The German Finance Ministry's latest monthly report shows incredibly bullish expectations; details via Reuters.
Key highlights:
- German economy being boosted by an increase in domestic consumer demand.
- Growing internal demand being driven by strong employment, rising wages, low borrowing costs.
- Export demand also rising.
- Exports and company investment additional growth drivers.
- Foreign demand for German manufacturing equipment, machinery ticking up as well.
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