Economics
German Business Confidence Unexpectedly Improves Despite War
- Ifo expectations index rises to 86.7 in April; est. 83.5
- Ifo president says sentiment ‘has stabilized at a low level’
Haulage trucks and a freight train at the Behala inland port in Berlin.
Photographer: Liesa Johannssen-Koppitz/BloombergThis article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
German business confidence unexpectedly increased as companies overcame the immediate jolt from Russia’s invasion of Ukraine.