Investing

An Unexpected Rise in German Business Confidence

The assessment of Germany’s prospects, as measured by businesses there, took an unexpected jump just after the government announced the poor export numbers of late last year. Businesses must believe that something about their prospects will change, even though the balance of the region is weak financially, and German consumers are not consuming anywhere near record levels. Perhaps there is hope that recoveries in the United States, China and the developing word will help.

Ifo reports:

The Ifo Business Climate Index for German industry and trade rose significantly by over three points in February. This represents its greatest increase since July 2010. Satisfaction with the current business situation continued to grow. Survey participants also expressed greater optimism about their future business perspectives. The German economy is regaining momentum.

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.