FOREX TradingCharts.com

Financial News: German Business Confidence Remains Unchanged

German Business Confidence Remains Unchanged

02/24/2025 - 06:02:00 (RTTNews)

(RTTNews) - German business morale remained unchanged in February as companies were less satisfied with current situation, while expectations improved moderately amid the federal elections, survey results from the ifo Institute showed on Monday.

The ifo business climate index registered 85.2 in February, the same as in January. The score was forecast to rise to 85.9.

The current situation index dropped unexpectedly to 85.0 from 86.0 in the previous month. Economists had forecast the reading to climb to 86.5.

Meanwhile, the expectations index rose marginally to 85.4 from 84.3 a month ago. The score was also above forecast of 85.2.

"The German economy is waiting to see how things develop," ifo President Clemens Fuest said.

In manufacturing, the business climate improved as companies were noticeably less pessimistic about the coming months. However, the current situation was assessed somewhat worse. At the same time, order books stabilized.

Confidence among service providers weakened in February. Companies were less satisfied with the current situation. Expectations also deteriorated slightly.

In trade, the business climate improved due to a more optimistic outlook. Wholesalers and retailers assessed their current economic situation as somewhat better. The business climate in construction improved due to slightly less skeptical expectations. However, current business was assessed somewhat worse, with the lack of orders being the core problem.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Fed's Daly Says Policymakers Can Wait For More Clarity Around Trade Policies (50 min(s), 50 sec(s) ago)
(RTTNews) - The Federal Reserve can make more reductions as projected earlier but policymakers sho ...Full Story»

Slovenian Producer Prices Rise 1.2% (07 min(s), 50 sec(s) ago)
(RTTNews) - Slovenia's producer prices increased for the second straight month in March, figur ...Full Story»

Italy Construction Output Grows Most In 6 Months (35 min(s), 50 sec(s) ago)
(RTTNews) - Italy's construction output expanded for the second straight month in February and ...Full Story»

Italy Trade Surplus Shrinks In February (40 min(s), 50 sec(s) ago)
(RTTNews) - Italy's foreign trade surplus decreased in February from a year ago as imports gre ...Full Story»

Moldova Producer Price Inflation Rises To 4.7% (53 min(s), 50 sec(s) ago)
(RTTNews) - Moldova's producer prices increased for the third straight month in March and at a ...Full Story»

Malaysia Economic Growth Eases, Trade Surplus Grows (43 min(s), 50 sec(s) ago)
(RTTNews) - Malaysian economic growth eased further in the first quarter of 2025 amid a contractio ...Full Story»

Japan Nationwide Inflation Climbs 3.6% On Year In March (26 min(s), 50 sec(s) ago)
(RTTNews) - Overall consumer prices in Japan were up 3.6 percent on year in March, the Ministry of ...Full Story»

Japan Inflation Data Due On Friday (52 min(s), 50 sec(s) ago)
(RTTNews) - Japan will on Friday release March figures for national consumer prices, highlighting ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Fed's Daly Says Policymakers Can Wait For More Clarity Around Trade Policies

04/18/2025 - 16:02 PM (RTTNews)
(RTTNews) - The Federal Reserve can make more reductions as projected earlier but policymakers sho ...Full Story>>

Slovenian Producer Prices Rise 1.2%

04/18/2025 - 07:19 AM (RTTNews)
(RTTNews) - Slovenia's producer prices increased for the second straight month in March, figur ...Full Story>>

Italy Construction Output Grows Most In 6 Months

04/18/2025 - 06:47 AM (RTTNews)
(RTTNews) - Italy's construction output expanded for the second straight month in February and ...Full Story>>

Italy Trade Surplus Shrinks In February

04/18/2025 - 04:52 AM (RTTNews)
(RTTNews) - Italy's foreign trade surplus decreased in February from a year ago as imports gre ...Full Story>>

Moldova Producer Price Inflation Rises To 4.7%

04/18/2025 - 04:05 AM (RTTNews)
(RTTNews) - Moldova's producer prices increased for the third straight month in March and at a ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.