A report form the German economic ministry

  • The economic upturn should continue at a solid pace in coming months, with all indicators strongly positive

  • Solid Q1 growth is reflected in employment levels, which continue to rise strongly

  • Private and public consumption continue to grow strongly

  • The global economic environment and indicators on foreign economies point to moderate German export growth

  • Order levels, business climate and employment levels in the industrial sector point to a continued upturn in the sector

  • The construction sector outlook is positive, helped by strong orders and business climate

  • Forward looking seasonally indicators suggest seasonally unemployment will over next 3 months

A "strongly" bullish report from the German government. Just what Merkel needs ahead of an election ;-)