Prior 86.5Current conditions 84.3 vs 85.4 expectedPrior 85.7Expectations 87.2 vs 87.0 expectedPrior 87.3
German business morale dipped in November with both the current conditions and outlook readings also easing compared to the month before. This just reaffirms the struggles in Europe’s largest economy with storm clouds still brewing going into next year. It’s not a pretty look especially with the manufacturing sector still in recession and Trump tariffs on the horizon.
This article was written by Justin Low at www.forexlive.com.
