Germany: Economy is stronger than it looks – Rabobank

Rabobank analysts point out that the German economy has slowed sharply in the second half of 2018 even as the manufacturing sector is struggling, but the services sector is doing much better.

Key Quotes

“Domestic demand is relatively strong and will be stimulated by expansive fiscal policies.”

“Growth rates are expected to recover gradually during the year.”

“Germany’s savings surplus will decline, but public finances remain very strong.”