Source: Ifo German business climate posted a slight rebound in April, with firms less pessimistic about the coming months. EWG is down 0.96%, while DAX is up 1.77% premarket. The German business climate index stood at 91.8 in April, up from 90.8 in March but still lower than the 96.4 recorded in the same month last year.The indicator for the current situation posted … [Read more...] about German Business Climate Rebounds Slightly in April
Germany
German Economic Sentiment Falls Further to -41.0
Source: ZEW German economic sentiment declined further in April, as experts assume that economic conditions are expected to deteriorate moving forward. EWG is up 0.44%, while DAX is down 1.82% premarket. The ZEW Indicator of Economic Sentiment for Germany dropped 1.7 points to -41.0 points.The assessment of the economic situation also declined by 9.4 points to -30.8, the … [Read more...] about German Economic Sentiment Falls Further to -41.0
Germany’s Ifo Business Climate Index Plummets to 90.8 Points in March
Source: Ifo Institute The Ifo business climate index was posted at 90.8 points in March, scaling down from 98.5 points in February, as the war in Ukraine dampened sentiment. DAX is up +0.43%, EURUSD is up +0.08%. The expectations index dropped by a record 13.3 points, exceeding the decline of 11.8 points posted at the onset of the coronavirus in March 2020.The … [Read more...] about Germany’s Ifo Business Climate Index Plummets to 90.8 Points in March
Index of Consumer Sentiment in Germany Drops the Most in Survey History in March
Source: ZEW The Economic Sentiment for Germany was recorded at minus 39.3 points in the March 2022 survey, down by 93.6 points. The decline was the highest in survey history. DAX is down -0.83%, EURUSD is up +0.50%. The economic situation also worsened, with the corresponding gauge falling by 13.3 points to minus 21.4 points.ZEW President Professor Achim Wambach says the … [Read more...] about Index of Consumer Sentiment in Germany Drops the Most in Survey History in March
