(ANSA) - BELGRADE, 24 NOV - Sentiment among German managers has deteriorated, the ifo Institute said today, informing that the ifo Business Climate Index fell from 92.5 points in October to 90.7 points in November. "The drop was due above all to companies' considerably more pessimistic expectations," ifo said. German managers' assessments of the current situation "were also a little worse" and "business uncertainty has risen.

The second wave of coronavirus has interrupted Germany's economic recovery," the institute noted. (ANSA).