The slightly hawkish HICP print from Germany today has sent yields higher despite the CPI metric surprising dovishly. Meanwhile, the recently released Ifo details hint of a potential comeback in the German economy, which is far from consensus.
![Ifo Watch – Is Germany rebounding against all odds?](https://stenoresearch.com/wp-content/uploads/2023/01/WS-Europe-1080x675.png)
The slightly hawkish HICP print from Germany today has sent yields higher despite the CPI metric surprising dovishly. Meanwhile, the recently released Ifo details hint of a potential comeback in the German economy, which is far from consensus.