Recent indicators point to signs of stabilisation of economic growth across the region, although so ...
Recent indicators point to signs of stabilisation of economic growth across the region, although so far inventory correction and government spending have shown stronger rebounds than industrial production and the all-important consumer. The breakdown of the IFO survey, which showed surprisingly strong February and March indications, based largely on future expectations, concurs with our view that sustainable growth may not be achieved until later in the year. The inflation outlook remains benign despite the blip earlier in the year caused primarily by food prices and re-pricing of som...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes