The Bundesbank says the German economy is slowly recovering after a weak two years, boosted by rising private consumption and more exports in the second half of the year, Bundesbank President Joachim Nagel said on Friday. “Private households are benefiting from sharply rising wages, gradually falling inflation and the stable labour market,” Nagel said of the central bank’s latest half-yearly economic forecast. Germany produced growth of a minimal 0.25% in the first quarter, thanks to exports and increased construction investment. But for the whole of 2024, the Bundesbank expects German economi…