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Germany Economic Sentiment April 2024

Germany: Economic sentiment improves in April

Economic sentiment rose to a four-month high of 91.4 in April from March’s 89.9. That said, the index remained 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 construction and retail sectors as well as among consumers. Moreover, confidence in the services sector improved in April. Meanwhile, sentiment in the industrial sector languished.

Relating to indicators that are not used to calculate the index, employment expectations deteriorated, while the economic uncertainty index decreased in April.

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