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Unexpectedly Gloomy in Germany - Forecast Slashed

The German business climate deteriorates for the fourth month in a row and the decline is greater than feared, according to a monthly index from the analysis institute Ifo. At the same time, leading economic institutes in Germany are lowering their growth forecast for 2024 and 2025.
Unexpectedly Gloomy in Germany - Forecast Slashed

Dark prospects for the German economy

The German business climate is the worst since February and the recovery in Europe's largest economy has stalled, shows a monthly index from the German analysis institute Ifo. "A crisis situation", says the Ifo chief in a comment.
Dark prospects for the German economy

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