german business morale eases back from record high
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

German business morale eases back from record high

Arab Today, arab today

Arab Today, arab today German business morale eases back from record high

president Clemens Fuest
Frankfurt - Arab Today

German business confidence dipped slightly below last month's record high but remains "excellent", a closely-watched survey found Tuesday, as Europe's top economy ends 2017 in a party mood.

The Ifo economic institute's business climate index hit 117.2 points in December, slightly below November's historic 117.5 points.

"German businesses are full of festive spirit," Ifo president Clemens Fuest said in a statement.

Source:AFP

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