Chances of a German Recession Are Falling: Ifo’s Fuest

The video discusses the decreasing chances of a recession in Germany, highlighting the recovery in manufacturing despite a decline in the service and construction sectors. It emphasizes the importance of continued recovery in manufacturing, particularly in the automotive industry, for sustained economic growth. The potential impact of the US-China trade deal and possible tariffs on Germany is explored, with a focus on the uncertainty it creates. The major risks for Germany are identified as a trade war and a recession in China, which remains a crucial market for Germany.

What are the current expectations regarding a recession in Germany?

What sectors are contributing to the decline in the overall index in Germany?

What is the significance of manufacturing for the German economy?

How might the US-China trade deal impact Germany?

What are the potential risks for Germany's economy this year?