GERMANY'S GDP UP BY 2.5%
IMF - On June 29, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Germany.
Germany's economic performance was strong in 2017, underpinned by solid domestic demand and a rebound in exports in the second half of the year. Despite a slowdown in public consumption due to the stabilization of refugee-related expenditures, real GDP grew by 2.5 percent. Already-high capacity utilization continued to rise and the labor market tightened further putting incremental pressure on wages. Reflecting…
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