Trading
Too early to talk about economic turnaround – Ifo economist
Published by maria gbaf
Posted on January 26, 2022
1 min readLast updated: January 28, 2026
Global Banking & Finance Review®
Company
Published by maria gbaf
Posted on January 26, 2022
1 min readLast updated: January 28, 2026
The German economy shows hope but it's too early for a turnaround, says Ifo economist. Supply issues ease, but prices may rise as companies plan increases.
BERLIN (Reuters) – The German economy is starting the new year with a “glimmer of hope” but it is too early to talk about a turnaround, Ifo economist Klaus Wohlrabe said on Tuesday.
Supply shortages in industry, raw materials and preliminary product supply problems as well as delivery bottlenecks have eased slightly, Wohlrabe told Reuters in an interview after the publication of Ifo’s monthly business morale survey.
There has also been a significant improvement in industry export expectations, the economist said.
However, prices are not likely to decline as every second company across industry, trade and retail plans further price increases, Wohlrabe said.
(Reporting by Rene Wagner; Writing by Zuzanna Szymanska and Riham Alkousaa; Editing by Madeline Chambers)
The main topic is the current state and outlook of the German economy as analyzed by Ifo economist Klaus Wohlrabe.
Supply shortages, raw material issues, and delivery bottlenecks are current challenges, though they are easing.
Prices are expected to rise as many companies across various sectors plan further increases.
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