Finance
German business sentiment unexpectedly falls in November, Ifo survey finds
Published by Global Banking and Finance Review
Posted on November 24, 2025
1 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 24, 2025
1 min readLast updated: January 20, 2026
German business sentiment fell in November, with the Ifo index dropping to 88.1. Analysts had expected a rise. Only the services sector showed slight improvement.
By Maria Martinez
BERLIN (Reuters) -German business morale unexpectedly fell in November, a survey showed on Monday, as companies lose hope on a recovery of the German economy following two years of contraction.
The Ifo institute said its business climate index fell to 88.1 in November from 88.4 in October.
Analysts polled by Reuters had forecast a slight increase to 88.5.
"Companies have little faith that a recovery is coming anytime soon," said Ifo president Clemens Fuest.
There was a decline across all sectors with the exception of services, where there was a small improvement.
On the other hand, companies assessed their current situation as somewhat more positive, Ifo said.
(Reporting by Maria Martinez, Editing by Miranda Murray)
The Ifo Business Climate Index is a key indicator of business sentiment in Germany, reflecting the economic outlook of companies across various sectors.
Gross Domestic Product (GDP) is the total monetary value of all goods and services produced within a country's borders in a specific time period.
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