24 April 2025 | Euro

Germany’s economic outlook worsens due to US trade policies — Ifo

Germany’s economic outlook worsens due to US trade policies — Ifo

The Ifo Institute reported a drop in economic expectations in Germany in April. The Ifo index fell to 87.4 points in April, down from 87.7 in March, reflecting the negative impact of US trade policies. Analysts had expected a decline to 85 points.

According to Clemens Fuest, President of the Ifo Institute, businesses are facing heightened uncertainty as they brace for potential economic turbulence. The Trump administration’s trade policies are putting pressure on the outlook for Europe’s largest economy. The situation has been further complicated by sector-specific tariffs affecting Germany’s automotive industry.

Earlier this week, the International Monetary Fund (IMF) revised its 2025 GDP forecast for Germany, now predicting stagnation instead of the previously anticipated 0.3% economic growth. Meanwhile, Bundesbank President Joachim Nagel warned of a real recession risk, highlighting the damaging effect of US tariffs.

The German government is set to release updated economic forecasts which, according to Handelsblatt, will also project flat GDP growth for next year.

Period: 12.02.2026 Expectation: 25000 pips
Selling ETHUSD when it bounces up to $2,250 resistance
Yesterday at 10:34 AM 19
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 31.03.2026 Expectation: 220 pips
Buy SPX starting from $6,820
Yesterday at 10:25 AM 20
Period: 12.02.2026 Expectation: 3000 pips
Buying USDJPY in anticipation of ruling coalition winning elections
Yesterday at 08:25 AM 39
Period: 31.12.2026 Expectation: 18000 pips
BTCUSD purchases come into play from $66,000
Yesterday at 06:56 AM 28
Period: 11.02.2026 Expectation: 1300 pips
NVIDIA shares approach key milestone before potential reversal
04 February 2026 30
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Brent sell
Period: 28.02.2026 Expectation: 290 pips
Selling Brent crude from 70.2 resistance
04 February 2026 32
Go to forecasts