<\/p>\n
The IFO business climate index for Germany held steady in January at 87.6, unchanged from December and below market expectations of a rise to 88.3. The index, which surveys nearly 9,000 German companies, remains at its lowest level since May of last year, indicating a weak start to the new year for the German economy.<\/p>\n
Specifically, the current situation index rose to 85.7 from 85.6 in December, while the expectations index fell to 89.5 from 89.7 in December.<\/p>\n
At the sector level, the manufacturing index fell to -12.2 from -14.6 in December, the services index dropped to -2.6 from -2.1, and the construction index declined to -14.2 from -14.9.<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
The IFO business climate index for Germany held steady in January at 87.6, unchanged from December and below market expectations of a rise to 88.3. The index, which surveys nearly 9,000 German companies, remains at its lowest level since May of last year, indicating a weak start to the new year for the German economy. […]<\/p>\n","protected":false},"author":1,"featured_media":5716,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-8922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-currency-markets"],"acf":[],"yoast_head":"\n