Strong German business morale signals modest growth in fourth quarter: Ifo

  • 📰 Reuters
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

German business morale hits 6-month high in December: Ifo

BERLIN - German business morale rose more than expected in December to hit a six-month high in a survey released on Wednesday, suggesting that Europe’s largest economy picked up steam in the fourth quarter despite a persistent manufacturing crisis.

“The German economy is heading into the New Year with more confidence,” Ifo President Clemens Fuest said in a statement, adding that companies’ assessment of their current business conditions and their outlook for the coming six months had both improved. Manufacturing companies were more optimistic about their business outlook, though their assessment of the current situation worsened a little in December, Ifo said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It will pick up steam when Germany is out of the EU. It's over. We're ending this.

Just in time for the whole EU to callapse, cool!

They must believe in Santa Claus.

It's all the Coup works in Bolivia!!! forShameGermany

Time to start getting nervous, Poland.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Greta Thunberg, German railway company in tweetstormClimate activist Greta Thunberg and Germany's national railway company created a tweetstorm after she posted a photo of herself sitting on the floor of a train surrounded by lots of bags. How sad she had to ride in first class on a crowded train...😢 So the photo was staged? The railway company said she was in 1st class. How dumb do they (Greta Inc.) think people are?
Source: ABC - 🏆 471. / 51 Read more »

Wefox: German insurtech startup raises extra $110 million led by OMERS - Business InsiderWefox already raised its Series B round but added an extra $110 million to take the round up to $235 million.
Source: BusinessInsider - 🏆 729. / 51 Read more »