German business sentiment rises for sixth straight month
German business morale improved more than expected in October, extending its recovery to a sixth consecutive month as companies grew more optimistic about the economic outlook. The Ifo Institute business climate index rose to 90.2 from 89.9 in September.
Xurve View
Insights:
Xurve View
Germany's business morale rose to 90.2 in October from 89.9 in September, extending its recovery for the sixth consecutive month. The Ifo Institute index topped the 90.0 consensus forecast compiled by Reuters. The improvement signals ongoing resilience despite lingering headwinds across the manufacturing and services sectors.
