The latest report published by the German economic ministry on Monday, shows a rosy picture of the economy.
The economic upturn should continue at a solid pace in coming months, with all indicators strongly positive
Solid Q1 growth is reflected in employment levels, which continue to rise strongly
Private and public consumption continue to grow strongly
The global economic environment and indicators on foreign economies point to moderate German export growth
Order levels, business climate and employment levels in the industrial sector point to a continued upturn in the sector
The construction sector outlook is positive, helped by strong orders and business climate
Forward looking seasonally indicators suggest seasonally unemployment will over next 3 months