Germany's business sentiment strengthened to a four-month high in December as the economic downturn is feared to be less severe than previously estimated, results of a closely watched survey by the ifo Institute revealed.
The business climate index rose more-than-expected to 88.6 in December from 86.4 in November, data published by the Munich-based ifo Institute showed on Monday. The expected score was 87.4.
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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.