German business sentiment declines in May
Add BT as a preferred sourceFrankfurt
GERMAN business confidence fell for the first time in seven months in May, signalling some concern over the growth outlook for Europe's largest economy.
The Ifo institute's business climate index dropped to 108.5 from 108.6 in April. The median estimate was for a decline to 108.3, according to a Bloomberg survey of 35 economists.
TRENDING NOW
DBS COO’s most important tip for AI transformation: Lead with ‘why’
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
