Germany Ifo ticked down, but economy appears to have bottomed out

Germany’s Ifo Business Climate Index for September recorded a slight dip, moving from 85.8 to 85.7, though it outperformed expectation of 85.2. Current Assessment Index recorded a fall from 89.0 to 88.7, still surpassing forecasted 88.0. Contrastingly, Expectations Index noted an increment, shifting from 82.7 to 82.9, a touch above projected 82.8. A sectoral breakdown […]

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