Following the publication of IFO’s latest German business survey, the institute’s economist Klaus Wohlrabe has said that the economy is pointing towards a rebound.
Additional comments:
“The Sentiment has improved in construction, retail and services“.
“The improvement of feeling is especially pronounced in the industry“.
“The production plans were revised significantly upwards.”
“The travel agencies and tour operators are slightly optimistic for the first time in more than a year. “
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