German business sentiment weakened to a four-month low in September as prospects of an economic recovery suffered a setback, monthly survey results from the Munich-based ifo Institute showed Wednesday.
The business climate index fell unexpectedly to 87.7 in September from 88.9 in the previous month. The score hit the lowest since May, while it was seen rising to 89.3.
Companies were less satisfied with current business, while their expectations clouded noticeably, the survey showed.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.