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Germany: ifo, business climate index rises notably

Highest value since June 2019

26 March, 11:04
(ANSA) - BELGRADE, MAR 26 - Sentiment among managers in Germany has improved greately, the ifo institute said in statement today. The ifo Business Climate Index rose from 92.7 points in February to 96.6 points in March, the highest value since June 2019. "Companies were clearly more satisfied with their current business situation. Optimism about the coming months has also returned. Despite the rising rate of infections, the German economy is entering the spring with confidence," ifo noted. (ANSA).

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