Ifo’s German business sentiment index for April has improved

By: Trademagazin editor Date: 2022. 04. 25. 11:05

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Instead of the expected deterioration, the ifo economic research institute’s business sentiment index in Germany improved in April after falling sharply in March as the outlook worsened as a result of the Russian war against Ukraine.

German business sentiment improved in April

In the monthly survey conducted by the ifo Institute for Economic Research at the University of Munich (ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München e. V.), the April business sentiment index improved to 91.8 points from 90.8 points in March. The March value was the lowest since January last year and fell 7.7 points from February. (MTI)