Germany's domestic economy is set fair for further growth, with robust household and government spending propelling a self-reinforcing cycle of activity, though Britain's Brexit vote has unnerved German companies trading abroad. Data and surveys released this week showed domestic demand cementing its role as the main driver of Europe's biggest economy, more than compensating for a sluggish export sector that is facing waning demand. A robust labor market, rising wages and ultra-low borrowing costs suggest the spending power of German consumers will rise further, the GfK sentiment indicator showed on Friday. The ... (full story)