01804cas a2200241 a 4500 AALejournalIMF015366 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513511160 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Germany : Staff Report for the 2015 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (71 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2015 Article IV Consultation highlights that the ongoing upturn in Germany is benefiting from the euro depreciation and lower energy prices, and is underpinned by a healthy fiscal position and sound corporate and household balance sheets. Employment growth has been robust, supported by strong immigration. The unemployment rate hit an additional post-reunification low at 4.7 percent. The oil price drop brought inflation temporarily close to zero, which has contributed to lift real wage growth to a 20-year high. The current moderate growth momentum is expected to continue as robust real wages buoy private consumption and euro depreciation buttresses exports, opening the way for a recovery in machinery and equipment investment. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2015/187 Full text available on IMF http://elibrary.imf.org/view/journals/002/2015/187/002.2015.issue-187-en.xml IMF e-Library