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Keep A Spy On The Economy – German Ifo Drops, But Outlook ‘Stable’

October 25, 2013 by Brian Maguire

Carsten Brzeski, Senior Economist, ING Belgium

Shocked by the slowdown? Germany’s most prominent leading indicator, the Ifo index, dropped in October to107.4 from 107.7. While the current assessment component fell 103.6, from 104.2, expectations remained almost stable. The German economy remains in good shape. The solid labour market and recovering industrial activity bode well for stable growth in the coming quarters. […]

Filed Under: Business, Enterprise

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