German economy skirts recession, helped by construction and exports cyprus-mail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cyprus-mail.com Daily Mail and Mail on Sunday newspapers.
BERLIN (Reuters) -German business morale improved more than expected in October, following five consecutive months of decline, a survey showed on Wednesday, but economists still fear a recession. The Ifo institute said its business climate index stood at 86.9 versus the 85.9 reading forecast by analysts in a Reuters poll, following a slightly revised reading of 85.8 in September. "Germany's economy can see a silver lining ahead," Ifo president Clemens Fuest said.
German industrial orders rebound in August rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
German factory orders declined more than expected in July, pulling back after a large gain in the aerospace sector in the previous month, the data shared.