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Germany: ifo Business Climate Index Falls

Companies have a more positive assessment of current situation

26 October, 11:11
(ANSA) - BELGRADE, 26 OTT - "Sentiment among business leaders has clouded over in Germany," the Ifo institute said today. The ifo Business Climate Index fell from 93.2 points in September to 92.7 points in October, the first fall after five consecutive increases. "Companies are considerably more skeptical regarding developments over the coming months," Ifo noted.

However, German companies gave a slightly more positive assessment of their current situation than last month (90.3 against previously 89.2). (ANSA).

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