German Economy Ministry: Economy is on strong upward path
Some comments by the German Economy Ministry on the German economy - 12 January 2018
- At the end of 2017 the strong economic dynamism probably weakened a bit
- The strong order intake and positive business expectations signal that the economic development will continue to be strong this year
- Exports expected to continue to expand in 2018
- Consumer spending may benefit from rising wages
Some comments on the German economy by local authorities. The same old rhetoric, nothing new here.
EUR/USD is now at 1.2107 after hitting highs not seen since December 2014 at 1.2120 earlier.