The small increase in Germany’s Ifo Business Climate Index (BCI) in October supports our view that, after stalling in Q3, the economy will return to growth in Q4. That said, the discrepancy between the weak hard data and stronger surveys raises some doubts about how strong that growth will be.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.