The overall moderation does not, however, appear to bode poorly for the upcoming release of economic output in the third quarter:
Friday, October 25, 2013
German Ifo Business Climate Survey
Today's disappointing Ifo Business Climate Survey was lead by a general drop in the assessment of the Services Sector and, in particular, a sharp fall in the expectations component:
The overall moderation does not, however, appear to bode poorly for the upcoming release of economic output in the third quarter:
The overall moderation does not, however, appear to bode poorly for the upcoming release of economic output in the third quarter: