German Finance Ministry’s monthly report: the economy is expected to expand moderately, driven by private consumption

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13 January 2016

German Finance Ministry’s monthly report: the economy is expected to expand moderately, driven by private consumption

The German Finance Ministry said in its monthly report on Wednesday that it expects the economy to expand moderately, driven by private consumption.

"The German economy is moderately tilted to the upside, but it can't completely escape the bumpy global economic environment," the ministry said.

U.S. crude inventories climb by 234,000 barrels to 482.6 million in the week to January 08

Germany’s budget surplus in 2015 is higher than previously expected

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