ifo german business confidence eases slightly in december
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Ifo: German business confidence eases slightly in December

Arab Today, arab today

Arab Today, arab today Ifo: German business confidence eases slightly in December

Frankfurt stock exchange
Frankfurt - Arab Today

German business confidence fell slightly in December, but still remains at high levels, reflecting the ongoing resilience of Europe's biggest economy in the face of numerous challenges, the Ifo economic institute said on Thursday. 

The Ifo institute's closely-watched business climate index slipped to 108.7 points in December from 109.0 points in November, Ifo said in a statement, a fractionally steeper drop than analysts had been expecting. 

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