German growth could top expectations this year: Bundesbank
Frankfurt
THE German economy could grow faster this year than earlier expected on the back of exceptionally strong industrial production, exports and consumption, the Bundesbank said in a monthly report on Monday.
Solid sales are pushing capacity utilisation in manufacturing even higher, fuelling a further rise in corporate investment in the eurozone's biggest economy, the central bank said after growth rose to its fastest annualised rate in over two years in the second quarter.
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