• German business sentiment weakened marginally in November

Market news

24 November 2016

German business sentiment weakened marginally in November

German business sentiment weakened marginally in November, reports said citing survey data from Ifo institute on Thursday, cited by rttnews.

The Ifo business confidence index fell to 110.4 in November from 110.5 in October. The reading was expected to remain at 110.5.

The current conditions indicator came in at 115.6. Economists had expected the score to remain unchanged at 115.

The expectations index dropped to 105.5 from 106.1 in prior month. The expected score was 106.

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