ifo Business Climate Index Rises Strongly (June 2020)

ifo Business Climate Index Rises Strongly (June 2020)

Sentiment among German companies has brightened further. The ifo Business Climate Index rose from 79.7 points (seasonally adjusted) in May to 86.2 points in June. This is the strongest increase ever recorded. Companies’ assessments of their current situation were somewhat better. Moreover, their expectations leaped higher. German business sees light at the end of the tunnel.