In March, Germany’s most prominent leading indicator, the Ifo index, increased for the sixth month in a row, coming in at 93.3 from 91.1 in February. Lower wholesale gas prices and the reopening of the Chinese economy have boosted economic confidence. Both the current assessment and expectations component increased significantly. Divergence between financial markets and real economy The financial market turmoil of the last few weeks has not yet affected economic sentiment - at least not economic sentiment measured by company surveys. The latest economic sentiment indicators nicely illustrate that for now, financial ... (full story)