The German economy is still in a fairly robust constitution. The most important Mood Barometer, which imposed Ifo economic research institute business climate index rose in May surprisingly 106.7 to 107.7 points. In the monthly survey, the researchers consult for around 7,000 decision makers in German companies.
This is the best reading since December of last year. Previously Economists polled had only expected a mini-growth to 106.8 meters. “The German economy is growing robust,” said Ifo President Clemens Fuest. The managers assessed the business prospects for the next six months more optimistic, as their current situation. On the stock market put the German defaults-Dax stock index by more than 1 percent to more than 10,100 items for
The mood improved in four key areas:. In the industry, in the construction and wholesale and retail trade , “The construction industry even reached a record level,” Fuest said. Only the service recorded a fall.
“time with May flowers, the mood in the business on,” said KfW Chief Economist Jörg Zeuner the new numbers. “From Proposed referendum on United Kingdom membership of the European Union-fears may in any event be no question,” said the chief economist at VP Bank, Thomas Gitzel. “The German entrepreneur camp sees the forthcoming referendum in Britain calmly.” In about four weeks the British vote on whether they want to stay in the European Union.
A farewell would hit the German economy, is but Great Britain to the United States and France the third biggest market for German exporters. Recent surveys and other indicators, however, suggest that a Proposed referendum on United Kingdom membership of the European Union is rather unlikely -. The permission to stay in the EU has increased substantially, especially among conservative voters, FAZ.NET has experienced British opinion research circles
The German economy was to March with 0.7 percent as strong growth from January not seen for two years – mainly due to higher investment and consumer spending
“In the second quarter, the chance is likely to have increased, that there is only a slight reduction in growth rate comes,” said Helaba analyst Ralf outstanding at the latest Ifo index rise , The Federal Government assumes that the gross domestic product this year just as fast with 1.7 percent growth as in the past.