Geschäftsklimaindex

KStA reports (amongst others in the babbling news media):
Die Stimmung in der deutschen Wirtschaft hat sich zum neuen Jahr entgegen aller Erwartungen aufgehellt. Der Geschäftsklimaindex stieg an, obwohl ein Rückgang vermutet wurde. Möglicherweise ist das ein Hinweis darauf, dass sich die Konjunktur im zweiten Halbjahr stabilisiert.

Translation: The mood in the German economy has brightened, against all expectations. The Economic Climate Index has risen, although a decline was expected. Perhaps this is a sign that the economic situation stabilizes in the second half of the year. [emphasis mine].

Or perhaps this is a sign that the index is just bullshit.

I should stop reading the news; nothing good can come of it.

About Daniel Tiggemann

Software-developer living in Cologne, Germany. Was once a physicist, specialized in computer simulations and parallel programming. Now more into JavaScript, web frontend development, and especially mobile computing.
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