Brandenburg Gate in Berlin, Germany

Germany Economic Sentiment March 2024

Germany: Economic sentiment improves in March

Economic sentiment rose to 89.8 in March from February’s 88.9. Consequently, the index remained entrenched below the long-term average of 100, pointing to a muted near-term outlook for the economy.

The headline print reflected healthier sentiment in the industrial sector and dampened sentiment in the construction sector. In the meantime, confidence in the services sector deteriorated in March, while sentiment in the retail sector improved in the surveyed month. Finally, consumer confidence was up in March.

Relating to indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index fell in March.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest