German economy is starting the year with cautious optimism – Crypto News – Crypto News
Connect with us
German govt source rejects report saying berlin backs joint EU debt for loans to ease energy crisis? German govt source rejects report saying berlin backs joint EU debt for loans to ease energy crisis?

others

German economy is starting the year with cautious optimism – Crypto News

Published

on

Following the release of the German IFO Business Surveythe institute’s economist Klaus Wohlrabe said that “the German economy is starting the year with cautious optimism.”

Additional quotes

Probably won’t be a recession, but GDP will probably shrink slightly in Q1 – mainly due to consumption.

48.4% of companies complained in Jan about supply bottlenecks vs 50.7% in Dec.

Inflationary pressure is easing; The balance of companies wanting to raise prices falls to 35.4 points (December 40.1).

Companies’ export expectations have brightened somewhat, cautious optimism is spreading.

Trending