Recovery in the economy interrupted.
(Reading time: 1 - 2 minutes)
At the end of the year, the mood in German industry deteriorated again slightly according to the ifo business climate. Business expectations became more pessimistic. And on the ifo economic clock, the rise towards recovery has stopped for the time being (chart).
Only a month ago, the ifo economic indicator had indicated a turnaround for the better. Does this now need to be revised?
It is important for you to know that only three consecutive declines in business expectations would erase the positive economic signal. Short-term fluctuations in this indicator are not unusual when the economy is working its way out of a trough. The positioning of the private wealth stock market indicator will therefore not change for the time being.
The...