Global economy set to soar with German recovery and low inflation.
The German economy is expected to grow by 2.2% in 2015 and 1.9% in 2016, with unemployment rates decreasing. Inflation will remain low due to lower oil prices. Globally, the economy is recovering, with private consumer purchasing power increasing. Corporate investments are expected to rise, especially in industrialized countries. Emerging markets may lag behind in growth. The German economy is driven by domestic demand, with weak inflation and moderate expansion in investments. Government revenues are increasing, leading to budget surpluses.