Germany November Ifo business climate index 87.3 vs 87.5 expected

<figure data-media-><img src="https://images.forexlive.com/images/DEIFO_id_cab1e32d-d47d-463c-8702-8dcf6b0393aa_original.jpg" width="727" height="343" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/DEIFO_id_cab1e32d-d47d-463c-8702-8dcf6b0393aa_original.jpg" /></figure><ul><li>Prior 86.9</li><li>Current conditions 89.4 vs 89.5 expected</li><li>Prior 89.2</li><li>Expectations 85.2 vs 85.7 expected</li><li>Prior 84.7; revised to 84.8</li></ul><p>The readings are an improvement to October even if they do miss on estimates slightly. It at least reaffirms that German business morale isn't worsening in November and that is a welcome development amid all the recent pessimism surrounding Europe's largest economy as of late.</p><p><br></p>

This article was written by Justin Low at www.forexlive.com.