German Ifo steady at 89.3, working out of crisis step by step

German Ifo Business Climate was unchanged to 89.3 in May, below expectation of 90.3. Current Assessment Index fell from 88.9 to 88.3, below expectation of 89.9. Expectations Index rose from 89.7 to 90.4, slightly below expectation of 90.5. By sector, manufacturing rose from -8.6 to -6.2. Services fell from 3.2 to 1.8. Trade rose from […]

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