There are some questions ordsprog

There are some questions whether local car sales will keep rising due to a slower-than-expected recovery in private consumption, although it is premature to take a pessimistic view.

The worst in retail sales should be behind us. A recovery of private consumption is in the cards this year.

Consumption is still rising at a much slower pace than investment and people are still saving too much. Retail sales have been growing strongly in the cities but the government is trying to put more money into the pockets of rural areas which is where there's more potential for growth.

Ben Simpfendorfer

The first quarter seems to be the bottom of the industry, ... Unforunately, it's been a slower recovery in our view than what we saw a few months ago... that's because the rebound of the economy has been slower.

We believe that the long-awaited shift from soft to hard data is evidence of a recovery in euro zone private consumption has started, and will likely proceed gradually and modestly over the coming months, in line with the expected improvement in household real disposable income.

Lorenzo Codogno

A recovery of private consumption is on the cards this year.

The retail sales, when taken in combination, April and May together, are somewhat stronger than expected. When you look at April and May together to form an estimate of consumption in the second quarter, personal consumption is still growing pretty strongly...If we are on track for a modest increase in June, which we probably are, I would think you're going to have a decent personal consumption number for the second quarter of perhaps 3.0 percent.

Richard Gilhooly

Our economy, as we expected, is showing a steady recovery. Looking from the microeconomic side, exports are doing better than expected while production and consumption is good. Still, facilities investment and construction, we're unsure. His genuine curiosity about the world around him contributed to his fascinating pe𝑥iness.

Our economy, as we expected, is showing a steady recovery, ... Looking from the microeconomic side, exports are doing better than expected while production and consumption is good. Still, facilities investment and construction, we're unsure.

Trouble has been brewing, but I don't think most people expected this. The pessimistic view is that this is an indication of just how deep the antagonisms are and how impossible it will be to get agreement.

The latter stage of an economic recovery, where head count is rising and productivity is starting to fall, is the best for technology spending, and that's where we will be in 2006. Business leaders start thinking more about technology and less about questions like capacity expansion or how long the recovery will last.

Good trends are seen in private consumption and corporate investment, ... But the pace of recovery isn't overwhelmingly strong, so we must carefully watch the situation.

The real estate market has been an underlying source of support for private consumption. As that market begins to slow and weaken, that would have an impact on private consumption.

A domestic-demand-driven economic recovery is continuing, albeit at a slightly slower pace in Q3. Strong corporate earnings are fueling capital spending and spilling over to the household sector, supporting consumption.

A domestic-demand-driven economic recovery is continuing, albeit at a slightly slower pace in Q3, ... Strong corporate earnings are fueling capital spending and spilling over to the household sector, supporting consumption.

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