• Brexit is burden for German industry - Ifo economist

Notícias do Mercado

25 março 2019

Brexit is burden for German industry - Ifo economist

Britain's expected departure from the European Union is a burden for German industry in particular, an economist at the Ifo institute said, adding that the global economy was not providing any support.

"Brexit uncertainty is particularly hitting the industrial sector. The other sectors don't appear to be affected," Ifo economist Klaus Wohlrabe said.

He said Ifo's survey supported its forecast that the German economy would grow by 0.6 percent in 2019.

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