Reported 5 months ago
Germany's business outlook rose for a fourth month, signaling confidence in a strengthening economic rebound for the country throughout the rest of the year. Despite not yet a full recovery, sectors like manufacturing and construction are showing improvements. Private-sector activity is expanding, driven by services, while consumers are expected to contribute to the economic revival. The ECB plans to reduce borrowing costs, but policy will remain tight in the face of persisting challenges like labor market tightness and potential inflation risks.
Source: YAHOO