- German IFO’s Economist: See no recession in Q1
Market news
25 April 2022
German IFO’s Economist: See no recession in Q1
Economist Klaus Wohlrabe at Germany’s IFO said that they do not see a risk of recession in the first quarter.
Further comments
No indications of recession in Q2.
Three out of four retailers want to raise prices.
China lockdown will affect German economy in coming months.
That will exacerbate German industry's supply chain problems.
Related reads
- German IFO’s Economist: Economy is robust in face of uncertainty
- Forex Today: Dollar rally picks up steam on risk-aversion
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page