Independent Economic Statistics Ifo Business Climate Index Improves in February
IfO Economic Research Institute's February Germany business expectations index stood at 99.2, the highest since July last year.
German business confidence about the economy improved further in February.
Companies are anticipating an end to the Corona crisis.
However, the escalation of the crisis engulfing Ukraine remains a risk factor.
Somehow, the expectations index fits GDP growth better than the current conditions index.
Compared with the previous period's GDP growth rate, the following is notable.
At present, the economy seems to be recovering.
Note: monetary policy for inflation and the Ukraine issue are considerations.
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