Germans expected up to spend 700 euros more in 2008
Based on figures offered by the GfK research group, a broad improvement in German consumer spending is expected over the coming weeks and months to, uh, come.
With figures on all spending indexes looking rosy, some optimistic experts even forecast that Germans might possibly spend over 700 euros more in 2008 than was spend during the current year. That will of course be the grand spending total for all German consumers combined, but still.
A "willingness to buy has increased dramatically" said one beaming economic expert. “Of course a willingness to buy isn’t actually ‘buying’ in the strictest since, of course, but it has increased nonetheless. And that’s a good thing. Isn’t it?”
“And although spending 700 euros might not seem like a whole lot of money once you divide up among 80 million people,” another expert added. “Don’t forget that a whole lot of these folks are really tight.”
"So this gives rise to hope that consumption will gradually live up to its role as a driver of the German economy," he added. “Although, driving at this speed, well… Oh, never mind.”
It’s the Wirtschaft, stupid.
With figures on all spending indexes looking rosy, some optimistic experts even forecast that Germans might possibly spend over 700 euros more in 2008 than was spend during the current year. That will of course be the grand spending total for all German consumers combined, but still.
A "willingness to buy has increased dramatically" said one beaming economic expert. “Of course a willingness to buy isn’t actually ‘buying’ in the strictest since, of course, but it has increased nonetheless. And that’s a good thing. Isn’t it?”
“And although spending 700 euros might not seem like a whole lot of money once you divide up among 80 million people,” another expert added. “Don’t forget that a whole lot of these folks are really tight.”
"So this gives rise to hope that consumption will gradually live up to its role as a driver of the German economy," he added. “Although, driving at this speed, well… Oh, never mind.”
It’s the Wirtschaft, stupid.
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