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Germany: Ifo index rising again to 90.5 points in July

"The German economy is recovering step by step," Institute said

27 July, 11:28
(ANSA) - BELGRADE, 27 JUL - Sentiment among German companies is further improving, with the ifo Business Climate Index rising from 86.3 points seasonally adjusted in June to 90.5 points in July, the German ifo Institute said in a statement today. "This is the third rise in a row" and German companies "were notably more satisfied with their current business situation. They are also carefully optimistic about the coming months. The German economy is recovering step by step," ifo noted. (ANSA).

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