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Germany: Resilient but modest recovery – Commerzbank

Commerzbank’s Chief Economist Dr.

Commerzbank’s Chief Economist Dr.

Jörg Krämer notes that leading indicators such as the Ifo business climate index and PMIs have surprised to the upside, showing the German economy’s resilience to high energy prices and the Iran War.

Market commentary only, not advice. 37 words on the desk. Trading involves risk. Headline credited to FXStreet.

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