Germany cannot detach from EM slowdown – IFO

FXStreet (Mumbai) – The German IFO survey indices released today showed a drop in the economic sentiment indices while the IFO economist noted that the economy cannot decouple from the EM slowdown.

Key Points

Consumption is faring well

Industry and export overall expectations have fallen significantly

Engineering sector expectations have fallen

The German IFO survey indices released today showed a drop in the economic sentiment indices while the IFO economist noted that the economy cannot decouple from the EM slowdown.

(Market News Provided by FXstreet)