×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: Germany | Economy

German Business Sentiment Rises as Pandemic Ebbs

Thursday, 24 June 2021 07:00 AM

BERLIN (AP) — Germany's businesses are more optimistic than they've been in almost three years, according to a closely watched survey by Munich's Ifo institute released Thursday.

Sentiment among German managers rose to 101.8 points in June, from 99.2 in May, its highest since November 2018. The upbeat mood was partly spurred by declining coronavirus infections and the reopening of large parts of the economy.

Analysts had expected a more moderate increase in optimism from the questionnaire of about 9,000 businesses conducted every month.

One concern raised by manufacturing companies was ongoing supply shortages. German automakers have been among those hit by a lack of semiconductors, resulting in delivery delays for new cars.

© Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
Germany's businesses are more optimistic than they've been in almost three years, according to a closely watched survey by Munich's Ifo institute released Thursday.Sentiment among German managers rose to 101.8 points in June, from 99.2 in May, its highest since November...
Germany,Economy
112
2021-00-24
Thursday, 24 June 2021 07:00 AM
Newsmax Media, Inc.
More Articles
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved