German Ifo Business Climate Index improves in May; Dampening of economic activity in Germany following the very good first quarter should be moderate
May 21st, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The German Ifo Business Climate Index for industry and trade has risen in May after having clearly weakened in the previous month. However, the business climate index only partially recovered its losses from April. The surveyed companies now assess their current situation more positively.