IFO: Neither Brexit nor Trump policies have so far had concrete effects on German economy

After the release of auspicious German IFO surveys, IFO economist came out with a statement highlighting the following:

Order inventories have grown

Companies want to export more

Macron victory in France was a positive signal, giving a tailwind to EU

Neither Brexit nor Trump policies have so far had concrete effects on German economy

Latest report and other indicators suggest Q2 +0.6% GDP