Germany, December IFO index drops to 84.7 points below expectations

Germany December IFO index drops to 847 points below

(Finance) – The economic conditions in Germany to December according to the latest survey conducted byIFO Institutewhich incorporates expectations for the months ahead.

THE’IFO index it stood at 84.7 points compared to 85.6 points in November, below the 85.5 points estimated by the consensus.

The index on the other hand improves current conditions which stands at 85.1 points from 84.3 in November and from the 84 expected by analysts.

The sub-index relating to, however, worsens expectationswhich stands at 84.4 points from the previous 87, below the consensus 87.5.

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