Business sentiment in Germany weakened even further in September, the fifth consecutive month of decline, with the economic outlook remaining bleak in Europe's largest economy, according to a survey of companies.
The Ifo business-climate index declined slightly to 85.7 in September from a revised 85.8 in August, data from the Ifo Institute said Monday. The reading was better than the expectations of 85.0 from economists polled by The Wall Street Journal.
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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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This week in business: consumer confidence, inflation updatesOn Tuesday, business group The Conference Board releases its September report on consumer confidence.
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Chainlink (LINK) Defies Market Sentiment, Bitcoin (BTC) Stalls at $26.5K (Weekend Watch)Today's top performer is THETA, which has soared by about 8%.
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