Germany Recession Fears: Outlook Is Bleak, Ifo Warns

Germany’s IFO business confidence index fell more than economists expected in September. Ifo Institute President Clemens Fuest tells Bloomberg that the key weakness in the EU’s largest economy remains in manufacturing and its order book. “In any case, the German economy will stagnate,” he said, not ruling out a recession by the end of the year. Fuest spoke to Tom Mackenzie on Bloomberg Television. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: Visit for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: Facebook: Instagram: Connect with Bloomberg Business on: X: Facebook: Instagram: TikTok: @bloombergbusiness?lang=en Reddit: LinkedIn: More from Bloomberg: Bloomberg Radio: Bloomberg Surveillance: Bloomberg Politics: Bloomberg Originals: Watch more on YouTube: Bloomberg Technology: @BloombergTechnology Bloomberg Originals: @business Bloomberg Quicktake: @BloombergQuicktake Bloomberg Espanol: @bloomberg_espanol Bloomberg Podcasts: @BloombergPodcasts