Germany December Ifo business climate index 84.7 vs 85.6 expected
globalreutersDecember 17, 20241 Mins read - Prior 85.7
- Current conditions 85.1 vs 84.0 expected
- Prior 84.3
- Expectations 84.4 vs 87.5 expected
- Prior 87.2
The struggle continues for the German economy as business sentiment falls further to wrap up the year. That is the lowest reading since May 2020, with the outlook index slumping hard in the latest Ifo report. The expectations reading is down to its lowest since February, reaffirming a more dour outlook for next year amid political uncertainty and looming Trump tariffs.
This article was written by Justin Low at www.forexlive.com.
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