you should read the articles you post, they’re happy things aren’t collapsing as fast as expected

This is “another good signal after the significant recovery of the Ifo business climate.” Yet Germany is unlikely to escape a recession. According to Krämer, the German economy is likely to shrink somewhat “because of the strong increase in key interest rates worldwide in the second half of the year.”

Order intake was also better than expected year-on-year. The Federal Office reported a decrease of 5.7 percent, while analysts had expected a decline of 9.3 percent. In February, domestic orders increased by 5.6 percent year-on-month, as was still said in the statement. Foreign orders increased by 4.2 percent.