ifo Business Climate Index Stabilizes (April 2022)

ifo Business Climate Index Stabilizes (April 2022)

Sentiment in the German economy has stabilized at a low level. The ifo Business Climate Index rose to 91.8 points in April, after 90.8 points in March. This was due primarily to less pessimism in companies’ expectations. Their assessments of the current situation are minimally better. After the initial shock of the Russian attack, the German economy has shown its resilience.