No signs of a revival for the German economy, according to the government

Germany's economics ministry stated on Friday in its monthly report that, despite encouraging developments in industrial output, construction, and international trade at the beginning of 2024, a noticeable rebound in the continent's largest economy is still not in sight.

"This is due to persistently weak domestic demand, high financing costs and continued subdued sentiment among private households and companies," the ministry stated in its report.

(Sources: investing.com, reuters.com)