Ifo economist: economic boom in Germany is over

Ifo economist Klaus Wohlrabe is out with his comments on today's German business climate survey and was noted saying that economic boom in Germany is over.

Key quotes:

Export expectations have fallen further.
German economy on the path to normalisation.
Coalition crisis not reflected in June survey.
Uncertainty among German companies is edging upwards.
The debate about US trade war, weaker global economy contributed to a fall in confidence.