Latest data released by Ifo - 25 October 2021
- Prior 98.8
- Current conditions 100.1 vs 99.4 expected
- Prior 100.4
- Outlook 95.4 vs 96.4 expected
- Prior 97.3
Overall business sentiment slumped in Germany with the outlook for the coming months notably falling further amid worries of a slowdown in economic growth.
Supply bottlenecks and rising cost pressures are the two key factors influencing the mood as they are weighing on production/output as well as consumption.