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“It is an unusual situation. Normally, you would expect the government to err on the optimistic side.”
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“This is disappointing, as the industrial production figures yesterday were. Still, the business surveys point to a better performance going forward.”
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“It's just a statistical correction after the very strong months before. The long-term upward trend is very strong.”
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“Unions are asking for more, but we are still a long way from excessive demands. The wage restraint continues.”
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“I have penciled in a bit of pickup in private consumption because of wage increases.”
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“You don't need a strong home base for sales anymore. You just need Germany to be a good base for manufacturing.”
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