German IFO Economist: German economy is heading for the doldrums

Dhwani Mehta FXStreet

Following the release of mixed German IFO business survey, the IFO Economist offers his afterthoughts on the data release.

The German economy is heading for the doldrums.

Companies have grown increasingly pessimistic about the coming months.

However, their assessment of the current business situation improved marginally.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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