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German business morale edges up in April

But worries about higher interest rates

24 April, 12:43
(ANSA-AFP) - FRANKFURT AM MAIN, APR 24 - German business confidence edged up in April, a survey showed Monday, but analysts warned optimism about falling energy prices and China's reopening was being offset by worries about higher interest rates. The Ifo institute's monthly confidence barometer, based on a survey of about 9,000 companies, rose to 93.6 points from 93.2 points in March, its seventh straight increase. But the rise was weaker than expected, with analysts surveyed by financial data firm FactSet predicting a reading of 94.0 points.


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