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Germany: ifo Business Climate Index falls in November
"Second wave has interrupted economic recovery"
24 November, 10:52
(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).
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The second wave of coronavirus has interrupted Germany's economic recovery," the institute noted. (ANSA).
