German economy booming, wages rising, inflation on the horizon.
The German economy is doing really well right now. It's growing fast, with GDP expected to increase by 2.3% in 2017 and 2.5% in 2018. This growth is leading to higher wages and more spending by households. The construction sector is booming, but prices are going up. Exports are also doing well because of the strong global economy. Businesses are investing more, and the government is making a lot of money. However, there's not much room for extra spending because the good times might not last forever.