So say the engineering union VDMA in latest data 6 Feb
- domestic orders +11%, foreign orders +5%
- 2017 orders +8%, domestic orders +5%, foreign orders +10%
Strong domestic demand fuelling continued growth in Dec
VDMA chief economist says:
"The next govt needs to implement a growth-friendly policy which guarantees that Germany is not blocking its way into the future by neglecting investments."
Listening Merkel/Schulz? Is there a danger of over heating though?
Meanwhile EURUSD falling back to 1.2407 as EURJPY also retreats with USDJPY capping above 109.25 so far.
