Germany’s IFO: Companies See Business Return to Normalcy in 11 Months

According to the latest survey of businesses conducted by Germany’s influential IFO institute, the firms in Eurozone’s economic powerhouse expect business to return to normalcy in an average of 11 months from the coronavirus crisis.

“For companies in the services sector, that number is even higher, at 11.7 months.”

“The manufacturing sector sees a normalization in 10.1 months.”