German economy expected to grow, but recovery remains fragile
Economists now expect Germany’s economy to grow after several difficult years, according to DW. The broadcaster said high government spending was supporting the economy, while energy prices, a shortage of skilled workers and debt continued to weigh on recovery. No growth forecast, period or official data was supplied.
Economists now expect Germany’s economy to grow after several difficult years, DW reported. The broadcaster said the recovery remained on shaky ground. High government spending was helping to keep the economy afloat, according to the source.
Several pressures continued to weigh on the outlook. DW identified energy prices, a shortage of skilled workers and debt among the factors limiting the strength of the recovery. The supplied material does not provide a growth forecast, identify the economists consulted or give figures for government spending, energy costs or employment.
It also does not state which quarter or year the expected growth concerns. The report therefore presents a cautiously positive assessment while stressing that the recovery remains vulnerable.
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.