Germany’s IFO: Industrial sector is still in recession and will take a while to get out of it

Following the release of the German IFO Business Survey, the institute’s Economist said that the German GDP likely increased by 0.2% in Q4.

Additional Quotes:

Industrial sector is still in recession and will take a while to get out of it.

There are signs that the trade conflict between the US and China is easing, German exporters are pleased about that.