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In surplus and growing fast, German economy powers on

Reuters  |  BERLIN 

By Joseph Nasr and Michael NienaberBERLIN (Reuters) - Economic growth in Germany hit a six-year high in 2017 and its public finances posted a record surplus, fuelling hopes of another strong showing in 2018 and sharpening a debate about how its next government should manage the windfall. Growth reached 2.2 percent, the federal statistics office said on Thursday. That missed a Reuters poll forecast of 2.4 percent but was still the highest since 2011 with consumer spending, boosted by ultra-low borrowing costs, record high employment and rising wages, providing the biggest impetus.Company ...

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First Published: Thu, January 11 2018. 19:44 IST
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