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German firms remain pessimistic about business prospects for the year ahead

German firms remain pessimistic about business prospects for the year ahead
Only 13% of companies expect business to improve in the next 12 months35% of companies expect a deterioration in business conditions insteadBut current business situation is assessed more positively (30%) than negatively (21%)51% of companies see current economic policy as a problem for their own developmentThat last point stands out in my view as it means German firms are seeing added risks to their businesses stemming from policy itself i.e. tightening credit and financial conditions. That's n... Read More
Posted: Oct 26 2023, 07:50
Author Name: forexlive
Views: 092025

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