Germany Ifo business climate recovered to 79.5, gradual lockdown easing offers a glimmer of hope

<p>Germany ifo Business Climate recovered to 79.5 in May, up from 74.2, slightly above expectation of 78.8. Expectations gauge also jumped to 80.1, up from 69.4, beat expectation of 75.0. But Current Assessment gauge dropped to 78.9, down from 79.4, missed expectation of 81.9. Looking at some details, all sector indexes improved but stayed negative. […]</p>
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