News from 2024-07-05 / KfW Research

KfW-ifo SME Barometer June 2024

SME business sentiment drops for the second consecutive month

Clouds are gathering on the economic horizon again. Sentiment among German SMEs fell slightly in June. After the result in May was revised from a minor increase to a slight dip, this is now the second straight decline. Both sentiment components dropped, and business expectations in particular. The hoped-for economic recovery remains uncertain.

KfW-ifo SME Barometer June 2024

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