German economy on upward trend, should strengthen in 2013-govt
BERLIN May 13 (Reuters) - The German economy resumed an upward trend in the first quarter of 2013 and this should strengthen as the year progresses, the economy ministry said in its monthly report.
Industrial orders and manufacturing increased in February and March, domestic consumption looks to have risen and the labour market remains robust, the ministry added.
German preliminary first-quarter gross domestic product figures are due on Wednesday, with the economy expected to have grown 0.3 percent from the previous quarter according to a Reuters' poll of analysts.
- Qatar adamant it will host 2022 World Cup despite doubts
- Argentina's Fernandez to meet billionaire investor Soros in New York
- New Jersey hiker killed by black bear : police
- Islamic State urges attacks on U.S., French citizens, taunts Obama
- Housing data hits Wall Street; S&P has worst day since August 5 |