Bundesbank: Germany’s economy is booming

Here are some of the key highlights from the Deutsche Bundesbank's monthly economic bulletin on the Germany economy, released this Monday. 

   •  Recent rise in forward rates partially based on Jan. release of minutes from ECB’s Dec. governing council meeting

   •  ‘Burgeoning’ industrial orders, persistently positive economic sentiment suggest rapid pace of German expansion to continue this year

   •  Industrial sector probably remains the driving force behind the upturn

   •  Economic, labour market conditions suggest wage growth will accelerate to a more noticeable degree than in previous years