Germany’s IFO: Industrial Production to Rise in The Next Three Months

laus Wohlrabe, Economist at Germany’s influential IFO institute, said on Friday, the industrial production is expected to increase in the coming three months.

The German industrial sector is likely to continue to recover after the effects of the Covid-19 lockdowns.

Wohlrabe noted: “The industrial sector is continuing to work its way out of the trough in production.”

The institute (IFO) had published a survey that showed that the mood among industrial companies had improved for the third month in a row