Germany’s economic outlook is gradually brightening, according to the Bundesbank. Following the slight increase at the beginning of the year, economic output is likely to rise again slightly in the second quarter, according to the central bank on Wednesday. “Overall, the underlining trend shows the economy is gradually picking up speed,” the bank reported. The Bundesbank expects positive signs from service providers and private consumption in the second quarter. This is indicated by the ifo Institute’s survey results for the consumer-related service sectors of retail and hospitality, the exper…