Economic Indicators
German business morale falls slightly in October
2022.10.25 04:39
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© Reuters. FILE PHOTO: The sun sets behind the skyline of Frankfurt, Germany, July 5, 2022. REUTERS/Kai Pfaffenbach
BERLIN (Reuters) – German business morale fell slightly in October, though still beating analyst estimates, as companies expectations improved despite less satisfaction with their current business, a survey said on Tuesday.
The Ifo institute said its business climate index was 84.3 following a revised reading of 84.4 in September.
A Reuters poll of analysts had pointed to an October reading of 83.3.
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