German business sentiment came in low
REUTERS/Laszlo Balogh
The Ifo index came down from 106.7 in March, led by poor retail sales.
The data disappointed but is still an improvement on low figures at the end of last year.
Here's Dr. Clemens Fuest from Ifo:
In both wholesaling and retailing the business climate index fell markedly, but nevertheless remains considerably above the long-term average.
Firms at both levels of trade were less satisfied with both their current situation and their business outlook.
In construction the business climate index turned positive. This was mainly due to far better assessments of the current business situation. Contractors, however, were slightly less optimistic about their business outlook for the months ahead.
And here's the chart:
IFO
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- 2 states where home prices are falling because there are too many houses and not enough buyers
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market