Comments by Germany's economy ministry in its monthly report
- World economic environment remains positive but trade disputes pose significant risks
- Consumer demand has recently been less dynamic
- Consumer and trading sentiment remains optimistic
- Rising euro is one reason why German exporters are somewhat less optimistic
Some acknowledgement at least that recent data from Germany (and the Eurozone for that matter) hasn't been as robust as they initially thought.
While most data points are still decent for the time being, concerns will only grow deeper if the trend persists into Q2 and 2H this year.
