4 Sep

German business confidence up

first_imgThursday 25 November 2010 11:12 am German business confidence up whatsapp whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterUndo Tags: NULL More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comcenter_img GERMAN business confidence continues to soar upwards, a survey released yesterday shows.Economists expected no improvements in the Ifo Business Survey for November, yet the index revealed an enhanced business climate for the sixth consecutive month.The indicator jumped to 109.3 points, up 16.5 per cent on the same time last year. It has now reached the highest level since the survey began almost two decades ago.Signs of a consumer recovery were supported by a 45 per cent surge in confidence in the retailing sector, while figures for manufacturing and construction were also up.Germany’s consumer revival is reflected in the survey, which recorded negative retailing figures until a sharp boost in confidence since July.On Tuesday the German economy received a boost from a similar measure of economic activity, the Purchasing Managers’ Index (PMI) which rose sharply in November.German GDP growth for the third quarter of the year had earlier been confirmed at 0.7 per cent.The positive figures for November offer some relief for German manufacturers, after the EU revealed that new manufacturing orders from the Eurozone fell by 3.8 per cent in September.However, the Eurozone’s woes are not all bad news for Germany, according to Jennifer McKeown of Capital Economics.The drop in the Euro has actually helped manufacturing in “export-reliant Germany”, she said. alison.lock Show Comments ▼ Share last_img read more

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