March’s German Ifo survey was very downbeat, but it may even understate the decline in business sentiment. While the ECB’s expansion of QE is a positive step towards containing the fallout from the virus in financial markets, it won’t stop business confidence and output from falling off a cliff in Q2.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services