Germany’s ifo Business Climate Index rose slightly to 88.6 in July from 88.4 in June, reflecting modest improvement in sentiment.
Manufacturing sentiment improved, though incoming orders remained weak.
Capacity utilisation edged up to 77.2 per cent.
Trade sentiment declined due to pessimistic expectations.
Overall, the current situation index rose to 86.5, while expectations inched up to 90.7.
Manufacturing sentiment improved, though incoming orders remained weak.
Capacity utilisation edged up to 77.2 per cent.
Trade sentiment declined due to pessimistic expectations.
Overall, the current situation index rose to 86.5, while expectations inched up to 90.7.
