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.