Germany's business sentiment improved to 105.7 in May from 104.4 in April, reports said citing a survey from the Ifo institute on Friday. The reading was forecast to remain unchanged at 104.4.
The assessment of current conditions rose to 110, from 107.3 a month ago. The reading was above the expected level of 107.2.
The expectations index held steady at 101.6 in May and matched economists' expectations.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.