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Ifo: Germany economy to contract in Q4 and Q1

Ifo: Germany economy to contract in Q4 and Q1
Ifo said the German economy is “suffering from huge supply shocks”. Price press is “not expected to ease until 2024, and then only slowly”. Overall inflation is expected to fall from 7.8% in 2022 to 6.4% in 2023. However, core inflation is expected to rise from 4.8% to 5.8% next year. Ifo also said Germany […] The post Ifo: Germany economy to contract in Q4 and Q1 appeared first on Action Forex... Read More
Posted: Dec 14 2022, 10:32
Author Name: actionforex
Views: 110752

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