Following the publication of the latest German IFO business survey, the economist Klaus Wohlrabe said that “the economy should grow 2.6% in the second quarter versus the first trimester. “
Featured statements:
The rebound is accelerating.
We see that the German economy will grow 2.8% in the third quarter.
“The expectations in tourism and hospitality exploded in May, there is hope for a good summer. “
“Key German industries, such as engineering, the electrical sector and chemicals, continue to be well positioned.”
“The increase in the costs of raw materials has more and more repercussions.”
“More companies say they plan price increases.”
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