German Ifo business sentiment rises in June
German Ifo business sentiment rises in June
By Maria MartinezWed, June 24, 2026 at 8:16 AM UTC
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The Berlin skyline as seen on July 6, 2021. REUTERS/Michele Tantussi
By Maria Martinez
June 24 (Reuters) - German business morale rose in June, a survey showed on Wednesday, as companies assessed their current situation more positively and expectations were also somewhat less sceptical.
The Ifo institute said its business climate index increased to 85.6 compared to a revised 85.0 in May. The reading was in line with a Reuters forecast.
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"The German economy is hoping for an easing of the global political situation," Ifo's president Clemens Fuest said.
Businesses were more satisfied with their current operations, with the index rising to 87.0 from 86.1 in May.
The outlook for the coming months was also less pessimistic, Ifo said, with the corresponding index rising to 84.1 from 83.9 in the previous month.
(Additional reporting by Reinhard Becker, editing by Thomas Seythal)
Source: “AOL Breaking”
