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Ifo economist says storm clouds are forming for the German economy

Ifo economist says storm clouds are forming for the German economy
Weak demand for industry, order backlog is fallingIndustry export expectations are noticeably down, global rate hikes are dampening demandThe deterioration in demand conditions and manufacturing recession was already highlighted in the PMI data last week, so this just adds to a bit of colour to that. This article was written by Justin Low at www.forexlive.com... Read More
Posted: Jun 26 2023, 08:05
Author Name: forexlive
Views: 092164

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