German business confidence ‘not falling apart, but not stabilising’: report

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 71%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Germany is the only large eurozone country whose output is forecast to drop this year

Germany’s business outlook improved slightly in September, while remaining at historically low levels as the economy faces another contraction this quarter.

An expectations gauge released by the IFO Institute ticked up to 82.9 from 82.7 in August, a touch worse than economists had estimated in a Bloomberg poll. An index of current conditions also slipped. “It’s not falling apart but it’s not stabilising,” the IFO’s president Clemens Fuest told Bloomberg TV. “The Germany economy has ...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines