Weakness in German Economy Is Spreading, Ifo Says

The German economy is facing challenges, with manufacturing weakness spreading to services, affecting hiring trends. While construction remains stable, the labor market is impacted, potentially reducing domestic demand. Economic recovery depends on Brexit and trade wars, with uncertainty affecting business investments. The appointment of Boris Johnson adds to the uncertainty, influencing investor and executive decisions.

Which sector in Germany is currently holding up despite the economic slowdown?

• Manufacturing

• Retail

• Services

• Construction

What is a likely consequence of job insecurity on consumer behavior in Germany?

• No change in spending

• Reduced spending

• Stable spending

• Increased spending

What are the two major factors mentioned that could influence the industrial slowdown in Germany?

• Technological advancements and innovation

• Government policies and taxation

• Brexit and trade wars

• Interest rates and inflation

How might the appointment of Boris Johnson affect the likelihood of a hard Brexit?

• It decreases the likelihood

• It guarantees a hard Brexit

• It has no effect

• It increases the likelihood

What is the optimistic scenario regarding Brexit mentioned in the discussion?

• Trade wars escalate

• The UK remains in the EU

• Boris Johnson negotiates a favorable deal with the EU

• A hard Brexit occurs