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6/26/17

German Economy: Only the World Can Stop Germany as Business Climate Hits Record - by Carolynn Look

tt seems the sky is the limit for Germany’s economy.

Business confidence -- logging its fifth consecutive increase -- jumped to the highest since 1991 this month, underpinning optimism by the Bundesbank that the upswing in Europe’s largest economy is set to continue.

With domestic demand supported by a buoyant labor market, risks to growth stem almost exclusively from global forces.

“Sentiment among German businesses is jubilant,” Ifo President Clemens Fuest said in a statement. “Germany’s economy is performing very strongly.”

Read more: Only the World Can Stop Germany as Business Climate Hits Record - Bloomberg

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