German Ifo Index Takes A Nose Dive In March

ING Economic and Financial Analysis5.28K FollowersFollow5ShareSavePlay(5min)CommentsSummarySoaring energy prices and new uncertainty have dented business optimism.For now, the war in the Middle East should only delay, not derail, Germany's rebound but the risks have clearly shifted to the downside once again.The first three months of the year, with geopolitical tensions, new tariff uncertainty and now soaring energy prices, are another painful reminder that Germany needs to start doing some serious multitasking. querbeet/iStock via Getty Images By Carsten Brzeski, Global Head of Macro Germany’s long-awaited cyclical upswing took a hit in March, as the war in the Middle East has blasted away optimism. This is at least what the just-released Ifo index isThis article was written byING Economic and Financial Analysis5.28K 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.