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Ifo economist: German economy is lacking momentum

Ifo economist: German economy is lacking momentum
Banking turmoil has had no impact on companies' sentimentIndustry export expectations have risenProportion of companies that want to raise prices has fallen againBut German economy is still lacking momentumIt's another improvement in terms of business morale in April but overall sentiment is still not suggestive of a strong growth recovery in the German or euro area economy for that matter. The better-than-expected start to the new year is a welcome development but it will take more than that to... Read More
Posted: Apr 24 2023, 08:08
Author Name: forexlive
Views: 102288

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