News Formal

German business sentiment stagnates in May, Ifo says

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

German business sentiment stagnates in May, Ifo says

The Ifo institute said its business climate index remained constant in May at 89.3, compared with a reading of 90.4 forecast by analysts in a Reuters poll.

Industry, trade and construction are recovering, while service providers are suffering a setback, the Ifo institute said.Scan QR code to install app

 

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

 /  🏆 450. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

German IFO Business Climate Index eases to 89.3 in May vs. 90.3 expectedThe headline German IFO Business Climate Index arrived at 89.3 in May, a tad lower than the April figure of 89.4.
Source: FXStreetNews - 🏆 14. / 72 Read more »