German Ifo falls to 88.1, firms see little prospect of near-term rebound

Germany’s business mood softened in November as the Ifo Business Climate Index edged down to 88.1 from 88.4, missing expectations of 88.5. The decline was driven mainly by weaker expectations, which dropped from 91.6 to 90.6. Assessment of current conditions improved slightly from 85.3 to 85.6. Sector details remained broadly negative. Manufacturing slipped further from […]

The post German Ifo falls to 88.1, firms see little prospect of near-term rebound appeared first on Action Forex.