Ifo economist Wohlrabe: Ifo increase in March mainly due to better retail sales

  • Inflation and oil price level not a big danger at the moment for firms, but poses potential risk
  • Firms are getting used to the euro zone debt crisis, no sign that it is having a strong influence on them
  • ECB interest rate level is appropriate
  • Gain in Ifo shows that mini-recession in Germany can be avoided

Reuters reporting.

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