Stabilisation phase in industry.
(Reading time: 2 - 3 minutes)
At the end of 2023, the mood in the German economy had deteriorated again according to the ifo Business Climate Index. At first glance, this negative trend continued in January. The business climate index continued to fall and expectations in the economy as a whole were more pessimistic. The ifo Institute concludes that the German economy is stuck in recession.
Nevertheless, there is hope for equity investors. The deterioration in the climate is due to significant setbacks in the service sector, in trade and above all in the construction industry. In industry, on the other hand, both the business situation and the business expectations, which are decisive for the private wealth stock market indicator, have improved again following the decline...