Germany Gets Reasons for Optimism on Economy
Better-than-expected growth figures and rising business confidence suggest that
BERLIN ,
While not huge,
The country's leading index of business mood, the Ifo Institute's Geschäftsklimaindex, has also risen for the fourth month in a row, reaching 88.8 points, compared to 86.7 in July. The manufacturing, service, trade and construction sectors are all viewing the future with increased optimism, the index found.
"The latest Ifo data suggests that sentiment in the German economy continues to improve," says Germany Trade & Invest expert
"This sends a positive signal to international businesses interested in expanding abroad. The German market is stabilizing, and business confidence is returning. At the same time,
Germany Trade & Invest is the German government agency for international business promotion and is owned by the Ministry for Economic Affairs and Energy. It helps international companies do business in
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View original content:https://www.prnewswire.com/news-releases/germany-gets-reasons-for-optimism-on-economy-302859363.html
SOURCE Germany Trade & Invest
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