With the acceleration of stimulus measures, German business confidence rises

robot
Abstract generation in progress

Investing.com – As government stimulus measures continue to be implemented in Europe’s largest economy, Germany’s business confidence improved in February.

Munich Ifo Institute reported on Monday that its Business Climate Index rose to 88.6 this month, up from 87.6 in January. The index is based on monthly surveys of approximately 9,000 companies across Germany.

The February reading exceeded economists’ expectations in a Wall Street Journal survey, where they previously forecast the index would modestly rise to 88.1.

The improvement in business confidence comes as the German government’s stimulus efforts gain momentum, with various measures supporting economic activity being rolled out.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)