Ifo Business Climate Remains Almost Unchanged
The Ifo Business Climate for industry and trade in Germany remains at nearly the previousmonth value. Both components of the indicator, the assessments of the business situation and the business expectations, show little movement in comparison to April. The firms are just as satisfied with their current business situation as they were in the previous month. Their business outlook has been appraised as minimally less favourable than in April. The economic recovery in Germany is robust.
In manufacturing the business climate has improved further. The business situation of the manufacturing firms is again
The Ifo Business Climate for industry and trade in Germany remains at nearly the previousmonth value. Both components of the indicator, the assessments of the business situation and the business expectations, show little movement in comparison to April. The firms are just as satisfied with their current business situation as they were in the previous month. Their business outlook has been appraised as minimally less favourable than in April. The economic recovery in Germany is robust.
In manufacturing the business climate has improved further. The business situation of the manufacturing firms is again
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