Construction lifts German sentiment to 9-month highs but trade clouds loom
Forrás:
Euronews.com
3 órája
Germany's corporate morale improved for the fourth consecutive month in April, reaching its highest level since last summer, driven by public investment, particularly in construction. However, business leaders express caution due to geopolitical risks and uncertainties in global trade. The Ifo Business Climate Index rose to 86.9, but expectations for the future have dimmed. While the construction sector showed strong sentiment, manufacturing faced challenges, and retail sentiment declined. Market reactions turned cautious amid renewed trade tensions with the US and concerns over foreign policy. Teljes cikk (Euronews.com)