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German business sentiment slightly improved in July, but economic recovery remains sluggish amid trade tensions.
German business sentiment showed a slight improvement in July, with the Ifo Business Climate Index rising to 88.6 from 88.4 in June.
Despite a modest increase in satisfaction with current business conditions, the outlook index remained largely unchanged.
The Ifo Institute noted that while sentiment has improved to its highest level in over a year, the economic recovery in Germany remains sluggish.
Trade tensions continue to pose challenges to the economy.
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El sentimiento de las empresas alemanas mejoró ligeramente en julio, pero la recuperación económica sigue siendo lenta en medio de las tensiones comerciales.