Gavekal Capital: What Does Today's Ifo Survey Say About Tomorrow's GDP Release?

Monday, February 24, 2014

What Does Today's Ifo Survey Say About Tomorrow's GDP Release?

Continued improvement in Germany's main business climate indicator-- it is the highest it has been since July 2011-- would seem to support further increases in the country's GDP:

We take note, however, that the expectations component of the survey fell for the first time since last September's slight drop:

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