Germany's business sentiment strengthened at a record rate in June on strong expectations as lockdown restrictions imposed to slow the spread of the coronavirus were eased across Europe, a closely watched survey showed Wednesday.
According to the ifo Institute, the business climate index rose to a four-month high of 86.2 points from 79.7 points in May, revised from 79.5. Economists had forecast a score of 85.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.