German Economy Looks Set to Return to Growth, Ifo Says
Market Intelligence Analysis
AI-PoweredThe German economy is expected to return to growth, with business confidence increasing more than anticipated in February, according to the Ifo institute's expectations index.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Ifo President Clemens Fuest discusses the outlook for German growth after business confidence brightened more than anticipated in February, adding to hope that Europe’s largest economy is emerging from a yearslong malaise. An expectations index by the Ifo institute increased to 90.5 from a revised 89.6 in January, above the median estimate of 90 in a Bloomberg survey. Fuest speaks on Bloomberg Television. (Source: Bloomberg)
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