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German business sentiment rises less than expected in July, Ifo survey finds
Published by Global Banking and Finance Review
Posted on July 25, 2025
1 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on July 25, 2025
1 min readLast updated: January 22, 2026
German business sentiment rose slightly in July, according to the Ifo survey, but did not meet expectations, highlighting a slow economic recovery.
By Maria Martinez
BERLIN (Reuters) -German business morale improved less than expected in July, a survey showed on Friday, as companies were more satisfied with current business conditions.
The Ifo institute said its business climate index rose to 88.6 in July from 88.4 in June. Analysts polled by Reuters had forecast a rise in the reading to 89.0.
"The upturn in the German economy remains anaemic," Ifo president Clemens Fuest said.
While the current conditions index modestly rose to 86.5 from 86.2 in the previous month, the business expectations index remained virtually unchanged.
(Reporting by Maria Martinez, Writing by Friederike Heine, Editing by Miranda Murray)
The Ifo survey indicated that German business morale improved less than expected in July, with the business climate index rising to 88.6 from 88.4 in June.
The current conditions index modestly rose to 86.5 in July, up from 86.2 in the previous month.
Clemens Fuest stated that the upturn in the German economy remains anaemic, suggesting that improvements are slow and insufficient.
Analysts had forecasted a rise in the business climate index to 89.0, which was higher than the actual increase to 88.6.
The business expectations index remained virtually unchanged, indicating a lack of confidence in future economic conditions.
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