News from 2024-06-05 / KfW Research
KfW-ifo SME Barometer May 2024
SMEs are slightly more confident as optimism rises
Sentiment among SMEs improved for the fourth straight month in May but only slightly and only because of a somewhat more positive outlook for the near future. Services are the only sector standing in the way of a higher business sentiment. SMEs in all other economic sectors were in a better, or even much better mood than in April. All in all, the path to an economic recovery is coming into view but overall growth will still remain meagre this year.
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