From the German finance ministry monthly report:

"Overall, indicators suggest the economic upturn will continue in the second quarter of 2015 at a moderate pace"

  • Growth slowed to 0.3% in Q1
  • Orders, output, exports and retail sales all rising
  • Private sector growth has slowed
  • Better order books point to a "marked expansion" in the industry sector in the coming months
  • Some indicators more downbeat though - May business morale weakened slightly, June investor sentiment slipped
  • "the industrial upturn is unlikely to be very spirited"
  • Said private consumption would likely continue to rise at a more moderate pace, cited higher employment & low inflation
  • Stimulative effect from low oil prices might have decreased somewhat