Economy News Lack Of Orders Weighs On German Economy Ifo

Germany's Ifo institute cuts 2021 GDP growth forecast to 4.2%

Germany's Ifo institute expects Europe's largest economy to recover less strongly than expected next year as a stricter lockdown to contain a second wave of infections in the COVID-19 pandemic holds ... Read More

German Institutes Cut Growth Forecasts as Tariffs Bite, Fiscal Boost Lags

BERLIN (Reuters) -Leading German economic institutes on Thursday trimmed growth forecasts for 2025 and 2026, citing headwinds from U.S. tariffs and delays to the boost from higher public spending in ... Read More

German business sentiment unexpectedly falls in September, Ifo survey finds

BERLIN (Reuters) -German business morale unexpectedly declined in September, a survey showed on Wednesday, as the economic outlook remained weak. The Ifo institute said its business climate index ... Read More

Number of short-time workers in Germany rose in November - Ifo

The number of employees on short-time work scheme in Germany rose in November, the Ifo economic institute said, suggesting that a partial lockdown to contain a second coronavirus wave took its toll on ... Read More

Germany’s Ifo Institute Cuts Growth Forecasts on Tariff Impact

Germany’s economy is set to grow by less than previously expected, as tariffs weigh and the government’s planned fiscal loosening offers less of a boost to activity, leading economists said Thursday. Read More