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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	German business confidence ticked up slightly in April, a key survey showed Monday, even as the third wave of the pandemic continued its assault on Europe's top economy. The Ifo institute's monthly confidence barometer, based on a survey of 9,000 companies, climbed 0.2 points from March to 96.8 points. "Companies once again raised their assessments of the current business situation," Ifo president Clemens Fuest said in a statement. "However, they were no longer quite so optimistic about the coming six months," he said, with relentlessly high levels of new Covid-19 infections and bottlenecks in supply chains undermining Germany's economic recovery. The survey reflected a mixed picture. While manufacturers reported their strongest sentiment in since May 2018, the climate in the service sector fell slightly following a steep rise in the previous month. "The German economy clearly has many, very different, faces right now," said Carsten Brzeski of ING Economics. Nevertheless, he said, "looking beyond possible short-term data distortions, the general outlook for the German economy has clearly improved". Germany, the EU's most populous country, has recorded nearly 3.3 million Covid-19 cases since the start of the pandemic, and more than 81,000 deaths. Parliament last week passed a "emergency brake" law imposing tough coronavirus restrictions across the country including night curfews and school closures to try to get the outbreak under control. Gross domestic product (GDP) shrank by five percent in 2020, its worst contraction since the financial crisis of 2009, due to economic fallout from the pandemic. However, the government is set to lift its forecast of a three-percent rebound this year as industry shows resilience, Economy Minister Peter Altmaier said in an interview with the Funke media group published Saturday. jpl-dlc/hmn/cdw
schema:headline	German business mood brightens in April
schema:mentions	Populous (company) Parliament of the United Kingdom Germany Gross domestic product European Union Pandemic Severe acute respiratory syndrome coronavirus 2 Coronavirus disease 2019 Clemens Fuest Parking brake Ifo Tertiary sector of the economy Barometer Peter Altmaier CDW Microsoft Outlook
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-26 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	77 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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