Listen to RFI News
Expand Player
Listen Download Podcast
  • Paris Live PM 1300 - 1400 GMT
    News bulletin 09/20 13h00 GMT
  • Paris Live PM 1300 - 1400 GMT
    News bulletin 09/19 13h00 GMT
  • Paris Live PM 1300 - 1400 GMT
    News bulletin 09/18 13h00 GMT
  • 13h00 - 14h00 GMT
    News bulletin 04/05 13h00 GMT
  • 13h00 - 14h00 GMT
    News bulletin 04/04 13h00 GMT
  • 13h00 - 14h00 GMT
    News bulletin 04/03 13h00 GMT
To take full advantage of multimedia content, you must have the Flash plugin installed in your browser. To connect, you need to enable cookies in your browser settings. For an optimal navigation, the RFI site is compatible with the following browsers: Internet Explorer 8 and above, Firefox 10 and +, Safari 3+, Chrome 17 and + etc.

German business confidence falls back in April

media German manufacturers, who are reliant on exports, are more grim about the future AFP/File

Confidence among German business leaders fell back in April, a closely-watched survey showed Wednesday, wilting signs of green shoots visible in a tentative increase last month.

The Munich-based Ifo institute said its confidence index fell 0.5 points to 99.2, undoing half the first increase in six months booked in March.

"Companies are less happy with their present business situation, and the slight optimism for the months ahead from March has dissipated," Ifo chief Clemens Fuest commented.

The figures reflected a continued split in the German economy, with judgements of both the present situation and expectations for the coming months grimmer among manufacturing firms.

Germany's manufacturers are more reliant on exports, leaving them directly exposed to upsets in global trade and slowdowns in emerging markets like China.

Meanwhile services firms reported a slightly gloomier view of the present situation than in March, mingled with increased optimism for the future.

Strong domestic fundamentals, including unemployment at its lowest since reunification in 1990, have kept the service sector humming even as manufacturers have suffered.

Overall, "the downward trend in business sentiment persists. External factors -- namely international protectionism and Brexit -- should continue to weigh on it," said economist Uwe Berkert of LBBW bank.

However, "if the risk factors fall away, positive surprises would be possible again," he added.

Sorry but the period of time connection to the operation is exceeded.