Germany outpaces UK, US and France with 0.6% quarterly growth – business live

All the day’s economic and financial news, as Germany grows twice as fast as the UK at the start of 2017

Carsten Brzeski, chief economist at ING, is also impressed with Germany’s performance, saying “The economy seems to be firing on all cylinders”.

Germany is on track for a decent year, according to Jens Kramer, an economist at NordLB in Hanover.

Kramer says (via Bloomberg):

“Economic momentum is extremely robust and very broadly based,”

“The steady increase in employment is fertile soil for domestic demand, and trade is providing impulses as well.”

#Germany‘s never ending success story, as ING puts it: German Q1 GDP growth accelerates as investment jumps.

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