Germany business cycle
The ifo Institute’s business cycle clock displays the cyclical relationship between the current business situation and business expectations in Germany. The diagram below shows the cycle on a severe downswing, meaning companies have become less satisfied with their current situation and are expecting business to become much more difficult in the coming months.
The chart also compares the current business cycle with the one from 2008-2010. As you can see, the current cycle is set to complete more quickly than the one during the financial crisis. After a short-lived boom, it appears Germany is now heading toward recession again as high energy prices and a potential gas shortage weigh on the economy.