December Ifo Index Sets Friedrich Merz's Christmas Tree On Fire
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ING Economic and Financial Analysis4.96K FollowersFollow5ShareSavePlay(5min)CommentsSummaryWith the Ifo index dropping to the lowest level since May, the German economy remains stuck in stagnation at the end of another disappointing year.Despite the gloom, signs of a cyclical rebound are beginning to emerge.Since the end of 2022, there have been only two quarters in which the economy actually grew. DesignRage/iStock via Getty Images By Carsten Brzeski, Global Head of Macro For the German economy, the year has ended as it started: with a disappointing Ifo index reading. Germany’s leading indicator came in at 87.6 in December, from 88.1 inThis article was written byING Economic and Financial Analysis4.96K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.