German businesses are positive: the business sentiment index has risen for the sixth month in a row. The business sentiment index, calculated by the Ifo Institute for Economic Research in Munich based on the opinion of 9,000 company executives, rose to 90.2 points in October compared to 89.9 points in September. Experts polled by Reuters had expected growth of up to 90 points. Signs of economic recovery in Germany are mainly due to increased government spending on infrastructure and defense, World notes. "The German economy is gaining momentum and is steadily coming out of recession," says Klaus Wallrabe, head of the Center for Macroeconomics and Surveys at ifo. Drivers - electrical engineering and mechanical engineering. But in energy-intensive industries, things are less smooth. The German government raised its economic growth forecast to 1.3% in 2026 and 1.1% in 2027. In the spring, it expected growth of 0.5% in 2026 and 0.9% in 2027.

German businesses are positive: the business sentiment index has risen for the sixth month in a row. The business sentiment index, calculated by the Ifo Institute for Economic Research in Munich based on the opinion of 9,000 company executives, rose to 90.2 points in October compared to 89.9 points in September. Experts polled by Reuters had expected growth of up to 90 points. Signs of economic recovery in Germany are mainly due to increased government spending on infrastructure and defense, World notes. "The German economy is gaining momentum and is steadily coming out of recession," says Klaus Wallrabe, head of the Center for Macroeconomics and Surveys at ifo. Drivers - electrical engineering and mechanical engineering. But in energy-intensive industries, things are less smooth. The German government raised its economic growth forecast to 1.3% in 2026 and 1.1% in 2027. In the spring, it expected growth of 0.5% in 2026 and 0.9% in 2027.