Move come amid rising confidence over oil prices and quantitative easing
A
shopping centre in Berlin. German consumer prices are forecast to
increase by an average 0.8 per cent this year, with gross wages rising
an average 3.2 per cent,
Germany lifted its economic growth
forecast for this year amid rising confidence in the benefits of low oil
prices and the European Central Bank’s stimulus plans.
Germany’s
economy will grow by about 1.5 per cent this year, compared with 1.3
per cent forecast in October, as growth in consumer spending and wages
accelerates, the economy ministry said in its outlook published on
Wednesday... (Read more)
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