Euronews: Business expectations in Germany increased

There are also signs that the biggest economy in Europe out of the deepest post-recession after business confidence in Germany increased for the fourth consecutive month.

In July, business confidence in the community hit its highest level since October last year.
Better data than expected izleznaha monthly survey of about 7000 German companies carried out by Munich-based experts Ifo.
Separate measures for monitoring the current business conditions have also resulted.
Ifo economist of Kai Karstensen explained: „Companies have a slight rise in orders compared to previous months and can increase production a little more. And this is a positive phenomenon, even if they continue to operate with less than half of its capacity. “
Ifo survey shows improved business climate in manufacturing, construction and wholesale trade, but not in retail.
Ifo economists do not share in the idea of quick and strong recovery in Germany, arguing that the weak labor market may lead to reduced consumption.

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Euronews
Finance