Germany's business confidence improved only slightly in April as restrictions related to the coronavirus pandemic and supply bottlenecks weigh on economic activity, survey results from the ifo Institute showed on Monday.
The business confidence index rose less-than-expected to 96.8 in April from 96.6 in the previous month. The score was forecast to rise to 97.8.
Companies once again raised their assessments of the current business situation. However, they were no longer quite so optimistic about the coming six months.
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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.