Forecasts

Our leading indicator Early Bird and macroeconomic forecasts

Bird view on a meeting desk with hands of several persons tipping on a laptop, using pocket calculators taking notes or pointing to documents
9 February 2024

Germany – Early Bird rises slightly

Our leading indicator for the German economy rose by 0.08 points in January, making up for the decline in December. The main reason for this was a slight improvement in the economic activity abroad. However, at -0.21 points, the Early Bird is still clearly in negative territory, giving little hope of an imminent recovery in the German economy.