German business sentiment declined significantly
The business climate in Germany collapsed in March, according to the second final monthly survey of the Ifo Economic Research Institute at the University of Munich.
In the final March survey of ifo sent to MTI, the business sentiment index plummeted to an unprecedented level, down 86.1 from 96.0 in February. The rate of decline has been the highest since the reunification of Germany and the lowest since the 2009 economic and financial crisis.
Ifo released last week’s March sentiment index based on preliminary calculations, which was then 87.7 points. Among the components of the index, the rating of the current situation declined from 99.0 points to 93.8 points, and the indicator for the six months ahead dropped from 93.2 points to 82.0 points. (MTI)
Related news
German Consumers Plan Lower Spending for Black Friday 2025
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Growth in Germany’s Plant-Based Food Market Continues
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Food inflation accelerated in Germany in September
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
How do we get started if we are not yet present in online commerce?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Hungarian freight transport at a sustainability turning point
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Buffet system in schools
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >