- June 24, 2021
- Posted by: Stratford Team
- Category: Business
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BERLIN, June 24 (Reuters) – German business morale rose by more than expected in June as companies’ assessment of current conditions improved and their optimism increased about the second half of the year, a survey showed on Thursday.
The Ifo institute said its business climate index rose to 101.8 from 99.2 in May. A Reuters poll of analysts had pointed to a June reading of 100.6.
“The German economy is shaking off the coronavirus crisis,” Ifo President Clemens Fuest said in a statement.
Writing by Paul Carrel Editing by Caroline Copley
