2023-01-25 10:04:00

German Business Climate Brightens On Less Pessimistic Expectations

Logo RTTNews
RTTNews
By Rtt News Staff Writer

Germany's business confidence improved as expected at the start of the year to the strongest level in seven months, as companies were considerably less pessimistic about expectations, survey results from the ifo Institute showed on Wednesday.

The business confidence index rose to 90.2 in January from 88.6 in December. That wasin line with economists' forecasts.

Further, this was the highest reading since June last year, when it was 92.3.

Thus, the German economy started the new year with more confidence amid a less pessimistic production outlook, though companies were somewhat less satisfied with their current situation, ifo said.

Continue read on rttnews.com

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 10:54:53
Confidence among French manufacturers improved further at the start of the year, underpinned by an improvement in the assessment of past production and...

Logo RTTNews
EconomyBy Jyotsna V2023-01-24 07:54:30
Germany's consumer confidence is set to improve for the fourth month in a row in February amid the sustained recovery in both economic and income...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 07:54:12
Denmark's business confidence signalled a slight recovery at the start of the year, as entrepreneurs were less negative about production expectations and...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 14:12:08
Germany's private sector downturn softened to a stable footing at the start of the year amid a moderation in price pressures along with a renewed positive...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 13:04:59
The Czech Republic's economic sentiment and consumer confidence improved in January, survey results from the Czech Statistical Office showed on Tuesday. The...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 08:31:10
German stocks were largely steady on Tuesday as investors assessed the outlook for economic and corporate earnings growth against the backdrop of slowing...

Logo The Economist
Business / FinanceBy The Economist2023-01-24 20:02:33
L ast year markets had a terrible time. So far 2023 looks different. Many indices, including the Euro Stoxx 600, Hong Kongs Hang Seng and a broad measure of...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-23 15:37:49
Consumer confidence in the eurozone continued to recover at the start of the year, reaching its highest level in nearly a year, according to preliminary...

Logo RTTNews
EconomyBy Renju Jaya2023-01-23 13:16:08
The German economy is likely to have roughly stagnated in the final quarter of 2022, Bundesbank said in its monthly report, released Monday. High inflation...

Logo Channel NewsAsia
Business / FinanceBy Cna2023-01-24 16:40:58
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide NEW...

Logo The Economist
Business / FinanceBy The Economist2023-01-24 20:02:33
L ast year markets had a terrible time. So far 2023 looks different. Many indices, including the Euro Stoxx 600, Hong Kongs Hang Seng and a broad measure of...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-25 08:41:22
German stocks were little changed on Wednesday as concerns that a recession might be coming offset investors optimism that the U.S. Federal Reserve will slow...

Logo The Business Journals
Business / Finance2023-01-24 12:47:36
Federal regulators' push to have big banks like Citigroup, JPMorgan and Goldman Sachs report climate change risks could have a trickle down effect making it...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-24 13:41:36
France's private sector activity deteriorated for the third consecutive month in January, though modestly, indicating that the country's economic downturn...

Logo CNBC
TechnologyBy Jordan Novet2023-01-25 01:11:49
Key Points Microsoft sees Azure growth slowing down in the next quarters as customers try to save money on their existing applications running in the cloud....

Logo Daily Mail
HealthBy Brittany Chain2023-01-24 11:13:07
Britain's hopes of being a leading nation for productivity and output were dashed afterthe Office for National Statistics amended previously published...

Logo Nasdaq
Business / FinanceBy Trackinsight2023-01-24 19:55:21
Investors choose ESG funds when they want to support sustainable businesses. However, those same investors still need a long-term return that allows them to...

Logo RTTNews
EconomyBy Renju Jaya2023-01-24 06:54:34
Flash Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Tuesday. At 2.00 am ET, the Office for National...

Logo RTTNews
EconomyBy Rtt News Staff Writer2023-01-20 13:58:45
Belgium's consumer confidence rose for the third successive month in January, as households' view towards the general situation of the country improved,...

Logo Nasdaq
Business / FinanceBy The Motley Fool2023-01-25 01:00:17
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn...