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    /research/markets and sectors

    German business morale unexpectedly rises in May

    • print Print |
    • A
    • A
    • A
    • BY Reuters|
    • Eurozone , Germany |
    • 4:09 AM ET 05/23/2022

    BERLIN, May 23 (Reuters) - German business morale rose unexpectedly in May, as Europe's largest economy shows resilience in the face of high inflation, supply chain problems and the war in Ukraine, a survey showed on Monday.

    The Ifo institute said its business climax index rose to 93.0 in May following a revised reading of 91.9 in April.

    A Reuters poll of analysts had pointed to a May reading of 91.4. (Reporting by Miranda Murray and Rachel More)

    Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

    More Germany News

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      • Eurozone , Germany |
      • 03:35 AM ET 05/23/2022
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      • BY Reuters|
      • Non-Eurozone , Hungary , Eurozone , Germany |
      • 02:08 AM ET 05/23/2022
    • EUROPE POWER-Upgraded German wind power forecast weighs on Monday prices
      • BY Reuters|
      • Eurozone , Germany |
      • 06:49 AM ET 05/20/2022
    View more Germany News

    News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

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