Ifo Business Climate Index Falls - December 2024
December 18, 2024
December 18, 2024
MUNICH, Germany, Dec. 18 (TNSres) -- ifo Institute issued the following news release on Dec. 17, 2024:
Sentiment among companies in Germany has worsened. The ifo Business Climate Index fell in December to 84.7 points, down from 85.6 points in November, the lowest level since May 2020. The decline was due in particular to more pessimistic expectations. By contrast, companies assessed the current situation as better. The weakness of the German economy has become chronic.
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Sentiment among companies in Germany has worsened. The ifo Business Climate Index fell in December to 84.7 points, down from 85.6 points in November, the lowest level since May 2020. The decline was due in particular to more pessimistic expectations. By contrast, companies assessed the current situation as better. The weakness of the German economy has become chronic.
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