Economics: Germany

German economic data shows evidence of a recovery, however, some of this has yet to filter through a...

German economic data shows evidence of a recovery, however, some of this has yet to filter through and concerns are already being raised that the recovery story could be hampered by next year’s tax changes. Matthew Merritt, head of strategy at Insight Investment says perception has shifted from Germany as a weak country, to one driving European growth. “There has been particular strength in recent survey data, in particular the IFO. The underlying economic environment has improved significantly. The only concern is that the IFO has moved to such an extent a modification may be necessary i...