Ifo: German business sentiment deteriorated for the second month in November
Ifo on Tuesday said that its November business sentiment index fell 90.7 points from 92.5 points in October. After five months of improvement, the indicator deteriorated for the second consecutive month in November. Analysts expected a slightly larger deterioration of 90.1 points.
The indicator quantifying the perception of economic players about the current business environment became 90 points, it weakened minimally from 90.4 points in October. Experts expected much worse data, 87 points, for November. (MTI)
Related news
Wholesale prices in Germany fell month-on-month, but rose year-on-year in May
In Germany, the monthly decline in wholesale prices accelerated in…
Read more >Lekkerland Opens First Rewe To Go at a German Motorway Rest Stop
Convenience specialist Lekkerland, in cooperation with Tank & Rast, has…
Read more >Picnic opens advanced e-commerce distribution centre in Germany
In Oberhausen, Germany, Picnic has opened a fully robotised order…
Read more >Related news
Promotions, prices, alternatives – promotions and Hungarian households
Tünde Turcsán, managing director of YouGov spoke about how Hungarian…
Read more >K&H: investors will receive a missing compass
The K&H Securities – Investor Sentiment Index has been launched,…
Read more >Norway introduces tourist tax: municipalities can ease the burden of overtourism
According to experts, the corn crop is already showing a…
Read more >