News from 2020-10-01 / KfW Research
KfW-ifo SME Barometer: September 2020
SME business confidence has risen again
A second wave of new coronavirus infections is on its way in Europe, taking on alarming proportions in some neighbouring countries and jeopardising the economic recovery. Against this backdrop, the fifth rise in the business climate indicator for German SMEs is sending out reassuring signals. Nevertheless, the resurging pandemic is becoming a growing obstacle for the economy as the cold season begins. It can still be overcome but the difficult part of the recovery has begun.
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