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.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.