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File: October 2023 results

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Not weaker, not better

The global economy is still in a difficult situation at the beginning of autumn in the northern hemisphere. In the Eurozone, and especially in Germany, the economic situation remains weak and the recessionary tendencies persist. At least there is a slight ray of hope in the form of rising expectations. However, it would be premature to declare a turnaround. If we look further into other regions, we see a largely unchanged picture. Cooling tendencies dominate. A positive trend reversal is nowhere to be found here either.

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