German business sentiment surged to its highest level in 16 months during August, driven by a pickup in the manufacturing sector
Gavin Wendt
MineLife
German business sentiment surged to its highest level in 16 months during August, driven by a pickup in the manufacturing sector. It suggests that Europe's largest economy is gaining momentum following strong growth in the second quarter. The Ifo think tank said on Tuesday its business climate index, based on a monthly survey of some 7,000 firms, rose to a better-than-forecast 107.5 in August, its fourth consecutive rise and the highest level since April 2012.
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Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
Gavin Wendt
Founding Director
MineLife
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
Expertise
Gavin Wendt
Founding Director
MineLife
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).
Expertise
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