Germany Ifo Shows Business Confidence Rise
The Ifo index, based on a poll of 7,000 businesses, showed economic confidence rose to a five month high. The news comes on the heels of a Markit announcement that Germany’s PMI improved in January The AP reports The January reading of 108.3…
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The Ifo index, based on a poll of 7,000 businesses, showed economic confidence rose to a five month high. The news comes on the heels of a Markit announcement that Germany’s PMI improved in January
The January reading of 108.3 was up from 107.2 in December and exceeded market expectations for around 107.5. Business managers’ assessment of how things are right now slipped, but the part of the survey that measures future expectations rose.
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