BERLIN: An inflation-busting wage deal for Germany’s biggest labour union looks set to boost household spending this year after consumer activity propelled strong growth in Europe’s largest economy at the end of 2014.
With record high employment and rising wages, consumers are providing the main impetus for a traditionally export-reliant economy.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!