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Germany : Industrial Snapshot - Q2 2013

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Germany : Industrial Snapshot - Q2 2013

After a weak start to the year, Germany’s economy is expected to have rebounded in the second quarter of 2013. Industrial output rose 1.2% in April after a strong gain in March, while the PMI and IFO surveys were up in May. Consumers are being helped by rising real incomes on the back of low inflation and improved labour conditions, as well as modest debt levels. GDP growth is forecast to pick up from 0.5% this year to 1.6% in 2014.

Source : Cushman & Wakefield

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Keywords : Cushman & Wakefield