german business confidence sees unexpected fall in january
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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German business confidence sees unexpected fall in January:

Arab Today, arab today

Arab Today, arab today German business confidence sees unexpected fall in January:

German economy
Frankfurt am Main - Arab Today

 German business confidence fell in January, a survey from the Munich-based Ifo institute showed Wednesday, with firms less optimistic about the future as the world faces increasing geopolitical uncertainty.

The Ifo business confidence index stood at 109.8 points in January, a fall of 1.2 points to its lowest level since the 109.5 reading in September.

Analysts surveyed by Factset had predicted a slight increase to 111.3 points.

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