Germany Ifo improves to 88.6 in February, recovery signals emerge.Germany's business sentiment improved in February, with the Ifo Institute Business Climate Index rising from 87.6 to 88.6, slightly above expectations of 88.4. Current Assessment Index climbed notably from 85.6 to 87.6, beating forecasts of 86.1.
First Impressions: NZ Retail Trade – Discretionary Spending Continuing to Climb.NZ retail spending surprised to the upside again in Q4, with gains in discretionary spending underpinning a 0.9%qtr rise. We expect lower interest rates will support further gains over 2026.