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27/5/20: Germany: Employment and Business Activity Show Gentle Uptick in May

Summary:
Germany employment conditions improved slightly in May, based on ifo Institute survey: The gains are in line with the Business Activity survey results: However, both business expectations (major driver of improvement) and current conditions (remaining deeply under water and actually still deteriorating in May) are well below 2009 crisis reading:

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Germany employment conditions improved slightly in May, based on ifo Institute survey:

27/5/20: Germany: Employment and Business Activity Show Gentle Uptick in May

27/5/20: Germany: Employment and Business Activity Show Gentle Uptick in May

The gains are in line with the Business Activity survey results:

27/5/20: Germany: Employment and Business Activity Show Gentle Uptick in May

However, both business expectations (major driver of improvement) and current conditions (remaining deeply under water and actually still deteriorating in May) are well below 2009 crisis reading:
27/5/20: Germany: Employment and Business Activity Show Gentle Uptick in May

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