In the manufacturing sector, the change was particularly striking. Companies reported a marked increase in satisfaction with their current operations, alongside a notable leap in the expectations index. Despite this progress, the sector maintains a cautious stance, with optimism yet to fully take root. This caution is underscored by the continued contraction of order books.
The trading sector also experienced a boost in confidence, with companies reporting increased satisfaction with their current situation and a more optimistic outlook for the future. Retailers, in particular, expressed a sense of hope, potentially heralding a turnaround in the sector's fortunes, as per ifo.
ALCHEMPro News Desk (DP)
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