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German Business Sentiment Declined Again in November

From marketwatch.com

German business sentiment worsened again in November, as supply bottlenecks and the rise in coronavirus cases clouded the short-term outlook. The Ifo business-climate index decreased to 96.5 points in November from 97.7 points in October, data from the Ifo Institute showed Wednesday. This is the fifth consecutive decrease of the indicator after it peaked at 101.8 in June. The reading is slightly above a consensus forecast from economists polled by The Wall Street Journal, who had expected the index to decrease to 96.4. In November, companies were less satisfied with their current business and they were also more ... (full story)

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