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