Economic outlook still strong for Germany

The German economy boomed last year, and three new reports have raised growth forecasts for 2007.

17th February, 2007

The figures will only add to expectations of a March interest rate rise from the European Central Bank and raise speculation of further increases to come.

The flow of positive data began on Tuesday when the Federal Statistics Office revised upwards its growth rate for 2006 from 2.5 per cent to 2.7 per cent due to a strong performance during the last three months of the year.

It was the best economic performance for the eurozone’s largest economy...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago