German business morale brightens in January

German business morale brightens in January

© Reuters. FILE PHOTO: Christmas shoppers wear masks and fill Cologne’s main shopping street Hohe Strasse (High Street) during the coronavirus disease (COVID-19) pandemic in Cologne, Germany, December 12, 2020. REUTERS/Wolfgang Rattay/File Photo

BERLIN (Reuters) – German business morale improved in January for the first time in seven months as easing supply bottlenecks helped to lift factory output in Europe’s largest economy, a survey showed on Tuesday.

The Ifo institute said its business climate index rose to 95.7 from an upwardly revised 94.8 in December. A Reuters poll of analysts had pointed to a December reading of 94.7.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Latest Category Posts



You May Also Read