Forecasts
Our leading indicator Early Bird and macroeconomic forecasts
6 December 2024
Germany – Early Bird keeps on rising
Our leading indicator for the German economy rose significantly again in November, from 18 points in October to 26 points. Monetary policy remains the main driver. By contrast, the global economic environment has improved only slightly and movements on the FX markets were also limited. With the further increase in November, the Early Bird is fueling hopes of an economic upturn in the coming year.