Services (Germany):
More confident expectations

The improvement in the business climate in the service sector in Germany (excluding trade, banking, leasing, insurance and government services) was the result of optimistic six-month expectations, whereas the current business situation was again assessed a little less positively. The share of service companies that expect a further increase in demand has declined. An increase in staff levels was planned by fewer firms. A larger scope for price increases is seen by the survey participants.