German business confidence deteriorated to a six-month low in January as the second wave of coronavirus brought the recovery to a halt, survey results from the Munich-based ifo Institute showed Monday.
The business confidence index fell more-than-expected to 90.1 in January from revised 92.2 in the previous month. The score was forecast to drop moderately to 91.8. The reading was the lowest since July 2020.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.