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German business sentiment rises to highest level in more than a year
German business morale improved unexpectedly in August to its highest level in 15 months, a survey showed on Monday, although analysts warned the economic outlook remained weak. The Ifo institute said its business climate index increased to 89.0 in August from 88.6 in July, the highest since May of last year. Analysts polled by Reuters had forecast a reading of 88.6. "The improvement is not enough to create real hopes for growth," said Alexander Krueger, chief economist at Hauck Aufhaeuser Lampe. "Much is based on expectations for the future, the fulfilment of which is uncertain." The increase was due to improved ... (full story)
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- Aug 25, 2025 4:33am Posted byFundamental Analysis4,400
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