german business confidence increases to strongest since 2011
Saturday 22 February 2025
Last Updated : GMT 09:07:40
Egypt Today, egypt today

German business confidence increases to strongest since 2011

Egypt Today, egypt today

Egypt Today, egypt today German business confidence increases to strongest since 2011

Car Industry
Frankfurt - Arab Today

German business sentiment climbed to the strongest since July 2011 in a sign that the economy is sustaining its momentum.

The Munich-based Ifo institute’s business climate index rose to 112.3 in March from a revised 111.1 in February. That compares with a median estimate of 111.1 in a Bloomberg survey of economists. 

The German economy expanded at the fastest pace in five years in 2016, a trend that is set to continue as the Bundesbank says recent momentum might have been understated. Manufacturing and services output is increasing at the fastest pace in almost six years and unemployment is at a record low —factors that could contribute to stronger growth in the coming months even amid risks from political events such as US economic policies, Brexit, and French elections continue to pose risks.

The Ifo report showed that a measure of current economic conditions in Germany improved to 119.3 from 118.4. A gauge of expectations increased to 105.7 from a revised 104.2.

Germany is the biggest economy in the euro area, where the European Central Bank (ECB) says the recovery is firming but not strong enough to fuel self-sustaining inflation and allow for an end of extraordinary monetary support. The European Commission will publish a gauge for economic confidence in the 19-nation currency bloc on Thursday, and the European Union’s statistics agency will release March inflation data on Friday.

Source :Times Of Oman

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

german business confidence increases to strongest since 2011 german business confidence increases to strongest since 2011



GMT 10:07 2019 Monday ,19 August

Live a calm and distinctive atmosphere

GMT 09:58 2019 Monday ,19 August

You find yourself facing new professional

GMT 12:30 2018 Friday ,14 December

Noriaki Kasai: 30 years of World Cup ski-jumping

GMT 10:46 2017 Wednesday ,25 January

Chapecoense survivor Follmann released from hospital

GMT 09:47 2017 Sunday ,29 January

Serena Williams claims title of women's singles

GMT 04:59 2012 Tuesday ,24 January

Ramez Amir new face of Egyptian cinema

GMT 19:48 2014 Tuesday ,13 May

Google sells Glass at PGA event in Florida

GMT 10:32 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 09:58 2017 Thursday ,16 November

Subaru recalls 400,000 cars in Japan

GMT 18:26 2011 Sunday ,21 August

The naked truth about clothes prices

GMT 10:45 2014 Saturday ,22 March

Huge success: Already 200,000 orders for Opel Mokka

GMT 01:13 2013 Thursday ,14 March

Kalima takes part at Riyadh International Book Fair

GMT 10:27 2015 Friday ,10 July

Elodie Yung cast as Elektra in 'Daredevil'

GMT 17:51 2017 Sunday ,13 August

CR7 insists he will never play as a striker

GMT 11:24 2015 Tuesday ,15 December

Big Heart Foundation launches educational project

GMT 17:34 2017 Friday ,31 March

BET13 champ speaks

GMT 17:51 2011 Tuesday ,26 April

Manchester could be under fire in Gelsenkirchen

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday