Electronics Production | March 28, 2006

Positive indications from the German industry

According to the Swedish economic news agency quoting Reuters, the German industry is giving positive signals at the moment.
The Ifo index that measures the German business climate rose in March to 105.4 from 103.4 in February. This March number was the highest in 15 years.

Economists expected the opposite. According to Reuters German economists had forecast a decline in Ifo index to 102.8 in March.

This index is built on a survey made on answers from 7000 asked companies.


Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Load more news
July 18 2018 5:55 pm V10.0.0-1