The ifo German business sentiment index did not change in October
The business sentiment index of the Ifo Economic Research Institute in Germany remained unchanged in October, indicating the stabilization of Europe’s largest economy after the decline of recent months.
The Munich-based institute announced on Friday that the index was at 94.6 points in October, unchanged from September. In August, the index stood at a low of seven years, at 94.3 points.
Analysts were expecting a slight decline, expecting the business sentiment index to drop to 94.5 points in October. A year ago, the indicator stood at 102.8 points. (MTI)
Related news
Ifo’s business sentiment index in Germany deteriorated in June
Instead of the minimal improvement expected by analysts, the German…
Read more >Business sentiment in German retail deteriorated in February
In February, the German retail industry business sentiment index of…
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
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >