German business sentiment unexpectedly weakened in December, highlighting ongoing struggles in Europe’s largest economy, according to a survey released by the Ifo Institute. The Ifo business climate index fell to 87.6 from a slightly revised 88.0 in November, defying expectations of a rise to 88.2. Commenting on the data, Ifo survey head Klaus Wohlrabe said […]
Germany’s consumer sentiment is set to improve modestly in December, supported by a rise in households’ willingness to spend on Christmas shopping despite lingering concerns about future income. The GfK and NIM consumer climate index edged up to -23.2 for December from -24.1, matching analysts’ expectations. A second month of stronger buying appetite and a […]

