This provides to the DIW financial institute forecast revision earlier here. Ifo now sees the German financial system rising by simply 0.9% in 2024, with the forecast being revised down from 1.4% beforehand. Nonetheless, they’re elevating the GDP progress forecast for 2025 to 1.3% – up barely from their earlier forecast of 1.2%.
This text was written by Justin Low at www.forexlive.com.
