Germany's finance ministry monthly report is very bullish on the outlook there, this via Reuters
Strong domestic demand - German economy is enjoying a consumer-led upswing, driven by
- record-high employment,
- rising real wages,
- increased job security
- and low borrowing costs
Rising orders from abroad
- rebound in exports and company investments have kicked in as additional growth drivers
- Foreign demand for German machinery and equipment is clearly picking up and the mood among manufacturers is good, the ministry said, pointing to recent sentiment surveys
The German government expects companies to continue to create more jobs and raise wages, meaning private consumption will remain an important growth driver in 2018
