A research produced by
As anticipated, the German economy rebounded in the first months of 2013 from a soft Q4 (-0.6% q/q). However, recent events in the euro zone once again dampened confidence, with PMI, Ifo and ZEW surveys recording falls in March and April. Assessment of the current state of the business environment improved, with only short-term future expectations dragging survey result down.
Source : Cushman & Wakefield
