German business sentiment strengthened to a six-month high at the end of the year, survey data from the ifo institute showed on Wednesday. The business climate index rose to 96.3 in December from 95.1 in November. This was the highest score since last June and was above the forecast of 95.5.The German economy is heading into the New Year with more confidence, Clemens Fuest, ifo institute president...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.