- Analytics
- News and Tools
- Market News
- Sentiment among German managers improved further - Ifo
Sentiment among German managers improved further - Ifo
The ifo Business Climate Index rose to 112.9 points in April from 112.4 (seasonally adjusted) points last month. Assessments of the current business situation improved significantly. In terms of their six-month business outlook, however, companies are somewhat less optimistic. The German economy is growing strongly.
In the manufacturing sector, the index fell slightly. Manufacturers are nevertheless more satisfied with their current business situation this month. After increasing sharply last month, their business expectations, however, are somewhat less optimistic. Production is expected to rise. Companies from the electrical goods sector in particular reported very good business. Capacity utilisation remains unchanged at 86.0 percent, which is above the long-term average of 83.6 percent.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
