-
German Ifo Business Morale Set To Tick Higher After Mixed PMIs
German managers are expected to express a tad more confidence about their country’s economic environment going into the Christmas break, with minimal increases forecast for both the outlook and the view of the present. Economists said the headline business climate index for Germany due Monday from the country’s Ifo economics institute is expected to improve to 87.8 points from 87.3 last month. The expectations component of the index, a measure of the coming six months, is forecast to climb to 85.9 from 85.2. This month’s current assessment component is projected to rise to 89.7 from 89.4 in October. “German ... (full story)