German Business Sentiment Continues to Brighten

German Business Sentiment Rises for Third Consecutive Month #

German companies are optimistic, with sentiment increasing for the third month in a row in April. The Ifo business-climate index climbed from 87.9 in March to 89.4 this month, surpassing economists’ expectations. This positive outlook comes despite expectations of slow economic growth in the early part of the year. The survey suggests that German businesses may be more resilient than anticipated.