The confidence of German entrepreneurs in the economy is growing again this month. This was announced by the leading research institute Ifo.

Ifo’s confidence index for August was 92.6 against a score of 90.5 in July. In general, economists had expected an increase of 92.1.

In April, the gauge dropped to the lowest level ever measured because of the corona crisis. Recovery occurred in the following months.

Load More Related Articles
Load More By WeeklyNews staff
Load More In Business

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Takeda Pharmaceutical sold to Blackstone

Japanese pharmaceutical company Takeda Pharmaceutical sells its Japanese consumer products…