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File: June 2023 results

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Germany's economy not a summer fairy tale

The German economy is currently experiencing a downright crash. Instead of a spring revival, the recessionary forces are coming back with a vengeance. Above all, the situation indicators are plummeting, signalling that the downward forces are currently very present. This is also being felt by the rest of the eurozone. With the largest economy on such a difficult path, it should come as no surprise that investors are increasingly bearish on the rest of the eurozone. The June overall index for the Eurozone economy drops again to -17 points. Internationally, only Japan is showing a positive sign with an increase in the overall index against the general trend.

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