Forecasts

Germany – Early Bird keeps rising

Our leading indicator for the German economy rose again in September and, at 15 points, is now well into positive territory. In particular, the monetary policy environment is increasingly brightening, while the global economy continues to face headwinds. The steady rise of the Early Bird offers hope that the German economy will overcome the current stagnation in the coming year, even though the numerous structural problems will probably prevent a strong upturn.