Ifo: German business climate improves in March - Breaking The News

Ifo: German business climate improves in March

25 March

1 min read

EPA-EFE/FOCKE STRANGMANN

The Business Climate Index for Germany stood at 86.7 in March, representing a monthly rise of 1.4 points, a report from the Munich-based Institute for Economic Research (Ifo) showed on Tuesday.

The Current Assessment Index increased by 0.7 points on a monthly basis, reaching 85.7. The Expectations Index grew from 85.6 registered in February to 87.7 in March.

"The German economy is hoping for an improvement," the Ifo commented.

business climate data ifo

Tokyo's inflation remains at 2.9%

5 hours ago

The annual inflation rate in the Ku-area of Tokyo came in at 2.9% in March, the same as the 2.9% registered in March, the Statistics Bureau of Japan said in its report published on Friday.The Consumer Price Index (CPI) excluding fresh food and energy rose to 1.1%, slightly higher than last month's 0.8%, while the figure excluding only fresh food came in at 2.4%, slightly higher than expected and higher than the 2.2% registered in the previous month.

EIA: US natural gas inventories up by 37 Bcf

14 hours ago

Working natural gas in storage across the United States increased by 37 billion cubic feet (Bcf) in the week ending March 21 compared to the week prior to land at 1,744 Bcf, the Energy Information Administration (EIA) revealed in its report published on Thursday.At the same time, stocks fell by 557 Bcf compared to the same period last year and stood 122 Bcf lower than the 5-year average of 1,866 Bcf. The total working gas storage remains within the...

US pending home sales up 2% in February

15 hours ago

Pending home sales in the United States increased by 2% in February compared to January, the National Association of Realtors (NAR) said in a report on Thursday. Sales fell by 3.6% on a yearly basis. The sales index rose the most in the South region at 6.2% month-on-month, followed by the Midwest at 0.7%. Meanwhile, the Northeast was down 0.9% and the West dropped 3%. "Despite the modest monthly increase, contract signings remain well below historical...

US goods trade deficit down to $147.9B in February

16 hours ago

The trade deficit in the United States stood at $147.9 billion in February, decreasing by $7.7 billion from January's figure, coming below analysts' expectations, the US Census Bureau revealed in its preliminary report on Thursday.Exports of goods rose by $7.0 billion from the previous month to reach $178.6 billion in the reported month, while imports were down by $600 million month-on-month to stand at $326.5 billion.Wholesale inventories climbed by...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.