You are here

Germany goes from driving EU growth to reflation

With price increases potentially exceeding 2 per cent, dissatisfaction with the European Central Bank has morphed into outrage
Monday, January 30, 2017 - 05:50

BT_20170130_NAHGER30_2715540.jpg
Any improvements in the EU's data will be a reflection of Germany's economic dominance. The country has driven the recovery since the 2008 financial meltdown and mitigated the double-dip recession in 2012 and 2013 following the debt crisis. But with faster growth comes faster inflation.

Frankfurt

GERMANY is cursed by its own economic strength.

For eight years, the nation of 83 million people has been the euro area's growth driver. Now it is at the forefront of the currency bloc's reflation, with price increases potentially exceeding 2 per cent, and dissatisfaction

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom