FastSaying
The economy is going to accelerate but only at a moderate pace and that means the ECB won't be very quick to raise interest rates further.
Juergen Michels
Economy
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Private consumption is likely to remain weak.
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The labor market situation won't dramatically improve and oil prices are still a problem. Relatively weak consumption is one of the reasons why the German economy won't gather a lot of speed this year.
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German manufacturers have rather good support from the orders side. In addition, they reduced their debt and financing conditions have improved.
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