An IMF Article IV report on Germany

  • A sustained rise in German wages and CPI is needed to help lift Eurozone inflation and facilitate a normalisation of monetary policy
  • Germany should use its available fiscal space for initiatives to enhance its growth potential
  • Such initiatives should include investment in digital and physical infrastructure
  • Recommends Germany makes pension reforms to make it more attractive to work longer
  • German mortgage market warrants close monitoring
  • The cyclical upturn will continue in the short-term

Fancy that, two reports on Germany on the same day.