German finance ministry see good data, but warn of clouded outlook
Reuters highlighting some aspects of the German Finance Ministry's monthly report:
- Outlook clouded by threat of protectionism, outcome of major elections, course of Brexit negotiations
- German economy on the up, data points to pickup of economic activity in first three months of 2017
- German tax revenues rose 6.8 pct y/y in Q1, more than double full-year projection of 2.9 pct
A reasonable and blunt assessment.
- Economic data good.
- Politicians can **** it up.
I think that's called an 'evergreen' opinion.