The Ifo institute said its business climate index stood at 85.7 versus a forecast of 85.2, according to analysts polled by Reuters."The German economy is treading water," Ifo president Clemens Fuest said.
Companies were less satisfied than in the previous month with their current business situation. However, their pessimism regarding the coming months dissipated slightly.
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German IFO Business Climate Index holds steady at 85.7 in September vs. 85.2 expectedThe headline German IFO Business Climate Index came in at 85.7 in September, matching the August print. This reading came in slightly better than the
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German Business Sentiment Worsened for Fifth Straight Month in SeptemberBy Ed Frankl Business sentiment in Germany weakened even further in September, the fifth consecutive month of decline, with the economic outlook remaining...
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