News from 2019-06-04 / KfW Research
KfW-ifo SME Barometer May 2019
Much gloom weighs on SME business climate but rays of hope can be seen
Business confidence in the small and medium-sized enterprise sector continued to trend downward in May. Situation assessments in particular fell sharply in both industry and services. The domestically oriented sectors construction and retail are currently the only ones performing really well. With expectations for future business conditions bottoming out, a ray of hope for a moderate economic recovery in the second half of the year appears to be emerging.
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