German business confidence sees unexpected fall in January:
German economy
Frankfurt am Main - Arab Today
German business confidence fell in January, a survey from the Munich-based Ifo institute showed Wednesday, with firms less optimistic about the future as the world faces increasing geopolitical uncertainty.
The Ifo business confidence index stood at 109.8 points in January, a fall of 1.2 points to its lowest level since the 109.5 reading in September.
Analysts surveyed by Factset had predicted a slight increase to 111.3 points.
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