German business increasingly worried: ifo Institute

26 October 2020

 

Summary: ifo business climate index slips in October; follows five consecutive months of rises; a little under expectations; German businesses “becoming increasingly worried”.   Following a recession in 2009/2010, the ifo Institute’s business climate index largely ignored the European debt-crisis of 2010-2012, remaining at average-to-elevated levels through to early-2020. However, the index was quick to react in the March survey, falling precipitously. The rebound which began in May was almost...

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