Germany's ifo Business Climate Index rises to 86.9 points in April
Germany’s ifo Business Climate Index inched up to 86.9 in April from 86.7 in March, indicating slightly improved sentiment. While companies viewed their current situation more positively, expectations worsened, and uncertainty grew. In manufacturing, optimism faded after a prior rise, with rising uncertainty and weaker expectations. Trade sentiment also declined.
Germany’s ifo Business Climate Index inched up to 86.9 in April from 86.7 in March, indicating slightly improved sentiment.
While companies viewed their current situation more positively, expectations worsened, and uncertainty grew.
In manufacturing, optimism faded after a prior rise, with rising uncertainty and weaker expectations.
Trade sentiment also declined.
