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The current economic situation in Germany
The global economy appears to have strengthened at the end of 2016. Growth in global economic activity is likely to have contracted slightly in the final quarter of 2016 in seasonally adjusted terms. This, however, was due chiefly to the fact that the strong dynamics in the United States in the third quarter were being fuelled by special factors, which were therefore unsustainable. No major change in pace was observed elsewhere, however, with a number of indicators pointing to an improvement in the global economic outlook. There were clear signs of an upturn in industrial activity and in the international trade in ... (full story)