Prior 88.4Current conditions 85.6 vs 85.5 expectedPrior 85.3Expectations 90.6 vs 91.4 expectedPrior 91.6
The German business morale dipped slightly in the latest month, with the expectations/outlook index also easing. This reaffirms a more cautious mood surrounding business sentiment in Europe’s largest economy, which has been persisting since the middle of the year. Higher price pressures are likely still a key sticking point as we look towards the end of the year.
This article was written by Justin Low at investinglive.com.