Business sentiment in Germany deteriorated in January

By: Trademagazin editor Date: 2021. 01. 26. 11:10

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As a result of the severe situation caused by the coronavirus pandemic, business sentiment in Germany deteriorated more than expected in January, according to a survey by the ifo economic research institute at the University of Munich.

The Munich-based institute said on Monday that its business sentiment index in Germany had fallen to 90.1 points, a six-month low from 92.2 points in December. Analysts expected a slight decline to 91.8 points. (MTI)