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German Ifo Index Rises Once Again as Country Sees Return of Germany Inc
16 Articles
16 Articles
kreiszeitung.de
Germany's economy could soon be better off. In any case, many companies expect this. New ifo numbers show the details.
The mood of companies in Germany has once again slightly improved.
The mood in the German economy brightens somewhat, albeit minimally. Especially the caring child manufacturing industry gets boost. Elsewhere the mood has fallen.[more]]>
The mood among German managers improved slightly in July, but the fewest expect the recovery. The manufacturing industry is optimistic.
An improvement in German business sentiment was expected, and it has. But it's so small that it's disappointing. A study by the Ifo Institute showed low order growth among manufacturing companies and a deterioration in the services sector, which is crucial for GDP growth.
July marked the seventh consecutive increase in Germany’s most important confidence indicator, a development described as “remarkable” by ING Bank economists. In July, the Ifo index reached 88.6, up slightly from 88.4 in June, thus reaching the highest level since last summer. While expectations […] The article Germany’s economy, swept by a wave of optimism: Solid arguments or wishful thinking? appears first on CursDeGuvernare.ro.
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