German Economy Finds New Fuel as It Reaps Benefits of QE

Photographer: Krisztian Bocsi/Bloomberg
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German companies and consumers are shrugging off most of what the world throws at them.

Even under the clouds of the Greek debt crisis and tensions with Russia, unemployment is falling and confidence is rising in Europe’s largest economy. Manufacturing and services are strengthening, the pace of output growth is forecast to be sustained this year, and the inflation rate is back above zero.