German business morale rises for first time since Iran war

German business morale unexpectedly increased in May, a survey showed Friday, raising hopes Europe’s biggest economy is weathering the Iran war energy shock better than feared. The Ifo institute confidence barometer rose to 84.9 points from 84.5 in April, the first time it has gone up since the start of the conflict. Analysts had expected […] The post German business morale rises for first time since Iran war appeared first on Digital Journal.