Jun 25, 2024
News from the editorial
Cold shower for German industry.
The ifo Business Climate Index for June shows a surprisingly significant decline in industry, which is so important for the private wealth stock market indicator. The index for business expectations in the manufacturing sector fell from minus 6.4 points to minus 12.3 points. This is the first decline since December 2023 and a clear damper on hopes for positive economic development in the second half of the year. Why have company bosses suddenly become more pessimistic when the ifo Institute…