German Business Sentiment on the Rise: ifo Business Climate Index Sees Continued Improvement
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- Published: Tuesday, 28 May 2024 15:59
Sentiment among German companies has shown a marked improvement, as evidenced by the latest ifo Business Climate Index. The index rose to 89.4 points in April 2024, up from 87.9 points in March 2024, marking the third consecutive increase. This upward trend indicates growing optimism within the German economy, as companies report greater satisfaction with their current business conditions and a more positive outlook for the future.