- The German economy is growing faster than was previously assumed. The German DIHK chamber of commerce raises its forecast for the largest economy in Europe.
Der Spiegel reports that on Saturday. The annual growth amounts to 2.3%, compared with the expectation of 2.3% in October. That expectation was in turn also increased from 1.8% for this year.
According to DIHK, the German economy grows across a broad front, both its exports and the consumption of the ordinary Germans.
The economic growth spurt would cause an additional € 12 billion of tax revenues to flow to the state treasury.