(Finance) – Economic conditions are worsening Germany to December 2023, according to the latest survey conducted by the IFO Institute. L’IFO index he attested to 86.4 points from 87.2 in November (data revised from 87.3) and compares with the 87.8 points estimated by the consensus.
The index also drops current conditions which is positioned at 88.5 points from the previous 89.4 points, against a rise up to 89.5 expected by analysts.
Furthermore, the sub-index relating to expectationswhich is positioned at 84.3 points from the previous 85.1 (data revised from 85.2), lower than market estimates (85.8).