German business sentiment deteriorated slightly
The German business sentiment index of the ifo Institute for Economic Research in October declined slightly. The German companies were less satisfied with their current business situation, however, are more optimistic regarding the outlook for the future.
According to the Institute's report released on Monday the business sentiment index fell to 108.2, from the 108.5 points of September. The analysts expected worse: 107.8 points.
The sub indicator of the current economic climate index declined to 112.6 points from the 114.0 points of the previous month. Analysts expected 113.5 points. (MTI)
Related news
Business sentiment in German retail deteriorated in February
In February, the German retail industry business sentiment index of…
Read more >The GfK German consumer sentiment index for January improved
The January German consumer sentiment index of the Nuremberg economic…
Read more >The proportion of companies planning to raise prices in Germany further decreased
In August, fewer German companies planned price increases in the…
Read more >Related news
Aldi to create 5,500 new jobs in the UK this year
In the UK Aldi is creating 5,500 new jobs as…
Read more >Borsodi is the official beer of the Hungarian national football team
Borsodi Brewery and the Hungarian Football Federation have signed a…
Read more >