German economy likely to improve further
FRANKFURT (AFX) - The Bundesbank said the German economy is likely to improve further this year after strengthening significantly since January, while it warned that inflation risks have increased. 'The upward trend of the German economy has gained in strength considerably in the course of the year,' the Bundesbank said in its August monthly report.
It said that the improved development in domestic manufacturing orders point to a continuation of this upward trend.
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