Business climate in the German supplier industry: slight increase, but no all-clear
The seasonally adjusted ifo business climate for German suppliers has improved slightly for the first time in five months, rising by 1.4 points. Nevertheless, at -30.2 points, the value remains deep in negative territory, which offers no reason for optimism. Despite the slight increase, the previous month marked the lowest level in the downward spiral that has now lasted three years. The situation remains tense and the outlook gloomy.
