Business sentiment in Germany improved slightly in November

As expected, business sentiment in Germany improved moderately in November, according to a survey conducted by the University of Munich’s Ifo Economic Research Institute.

Ifo’s November business sentiment index increased to 95.0 points from the 94.7 points of October, as expected.

The surveyed economic operators’ perception of the current business situation also improved slightly: the indicator, which quantified their opinion, increased to 97.9 from the previous month’s 97.8 points, as expected. (MTI)