- Prior 88.4
- Current conditions 87.8 vs 86.7 expected
- Prior 86.2
- Expectations 90.7 vs 91.1 expected
- Prior 90.7; revised to 90.6
The headline reading shows a marginal improvement to June with the outlook reading also reflecting a similar rise. The current conditions estimate did see a modest increase, reaffirming more upbeat sentiment going into Q3. Overall, there is still optimism surrounding the German economy amid fiscal hopes but Trump tariffs will remain a potential headwind – if not already as evident by the Volkswagen earnings for Q2 today.
This article was written by Justin Low at investinglive.com.