Kilde: Reuter og Fidelity
Det seneste Ifo-barometer over tilliden i det tyske erhvervsliv peger opad efter en periode med frygt for recession.
BERLIN, Nov 25 (Reuters) – German business morale rose in November and Europe’s largest economy is on track to grow by 0.2% in the fourth quarter as its domestic strength more than offsets a manufacturing recession, the Ifo economic institute said on Monday.
Munich-based Ifo said its business climate index rose to 95.0 in November from 94.7 in October. The November reading was in line with a Reuters consensus forecast.
“One thing is clear now: growth will not go into freefall for the time being,” said Thomas Gitzel, economist at VP Bank, but he said Ifo’s warning that the manufacturing sector is “still stuck in recession” was cause for concern. “The dangers for the German economy have by no means been averted.”
Detailed data released on Friday showed strong exports, state spending and consumers helped the German economy avoid a recession in the third quarter. The figures confirmed a preliminary reading of a 0.1% expansion on the quarter.