German business climate worsens in January

German business climate worsens in January
  • Clock-gray 19:23
  • calendar-gray 25 January 2021

The Business Climate Index in Germany slid to 90.1 in January, down from December's figure of 92.1, to miss the analysts' predictions, the Munich-based Institute for Economic Research (Ifo) unveiled on Monday, APA reports citing Teletrader.

Meanwhile, the Ifo Current Economic Assessment Index came in at 89.2 this month, while the Expectations Index dropped to 91.1. Both indices decreased more than was expected.

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