There was absolutely no sign of slowing growth in Germany, moreover, recent data have only confirmed that the country remains a huge force in Europe. The latest study by Gfk, based on revenue growth and substantial increases in employment, the willingness of consumers to purchases jumped at the end of this month. If you look ahead, the combination of a high level of savings and pent-up demand is likely to support a decent consumption growth in the coming months, despite fiscal austerity and higher prices for food / energy. In addition, business confidence remains high and continues to grow, recent data suggest that the future business climate index rose to 27.7 in January, which is very good.Earlier this week, relying on these sectors of production and services 60-ies, was also obtained confirmation of the German recovery on a broad basis. ECB and the Bundesbank interest signs of accelerating price pressures; import prices in Germany rose to 29-year maximum or 12% year over year in December, a recent business survey ifo also suggested that the rise in prices is attention. For the ECB continued to trend growth combined with rising inflation in Germany aims to challenge politicians during austerity measures in the European weak economy.
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