German economy set to overheat with strong GDP growth and high consumption.
The German economy is expected to grow steadily in the coming years, with GDP increasing by 1.8% in 2015, 2.2% in 2016, and 2.3% in 2017. This growth is driven by strong private consumption, a healthy labor market, and favorable financing conditions. Additionally, exports are predicted to pick up due to solid growth in other advanced economies and a competitive euro. Government spending on refugees will also contribute to economic growth, but not significantly. Overall, Germany is on track to experience a period of economic expansion in the near future.