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BERLIN Cheap Marcus Gilchrist Jersey , Dec. 18 (Xinhua) -- Investment in Germany was expected to increase significantly in the coming year, strengthening the growth potential of the Europe's largest economy, an institute said Wednesday.


With a recovery of world economy Cheap Rashaan Melvin Jersey , German exports are likely to revive fast. The companies therefore have greater incentives to invest again, especially as the financing environment continues to be favorable," said the Berlin-based German Institute for Economic Research (DIW).


The institute forecasted that investment for equipment would grow by 6 percent in 2014 Cheap Leon Hall Jersey , following a drop of 2 percent in 2013. For the year of 2015, the growth rate was expected to be 9 percent.


According to the institute, global economic output would grow by 3.8 percent in 2014 and by 4.1 percent in 2015 Cheap Frostee Rucker Jersey , thanks to the recovery of the United States and emerging economies like China and India. The eurozone was expected to return to growth track in the coming years with a growth rate of 1 percent in 2014 and 1.3 percent in 2015.


"The positive development of the world economy and the return of growth in the euro area will help the German export industry," said DIW President Marcel Fratzscher.


Besides, private consumption would continue to be a central pillar for German economy. Thanks to moderate inflation Cheap Mike Nugent Jersey , stable labor market, and low interest rate, consumer spending was expected to rise by 1.3 percent in 2014 Cheap Derek Carrier Jersey , and by 1.7 percent in 2015, after a growth of 1 percent in the current year.