Brandenburg Gate in Berlin, Germany

Germany Business Confidence April 2023

Germany: Business confidence rises to 14-month high in April

Business confidence came in at 93.6 in April, up from March’s 93.2. April’s result marked the best reading since February 2022.

The improvement in February was driven by business sentiment improving in the manufacturing, construction and retailing sectors. In the services, trade and wholesaling sectors, business sentiment worsened.

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