IFO’s Economist: German economy is sending signals of hope

Following the release of the German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that “the German economy is sending signals of hope.”

Additional quotes

59.3% of companies surveyed complained about supply bottlenecks in November vs 63.8% in October.

46.8% of companies surveyed want to raise prices in the coming three months, pressure to increase prices is sinking continuously.

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