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Survey: Jump in German business optimism despite pandemic

Germany pandemic economy Coronavirus
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FRANKFURT – German businesses grew more optimistic in March, despite a growing number of coronavirus cases and a looming tightening of pandemic restrictions, according to a closely watched survey released Friday.

The Ifo institute's index of business sentiment rose to its highest rate since June 2019, as Europe's industrial motor whirred on largely unhurt by the damage that the pandemic has done to the wider economy.

The survey index climbed to 96.6 points from 92.7 points in February, the institute said. The manufacturing sector saw optimism rise to levels last seen in November 2010, amid a hike in demand for industrial goods.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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