German business sentiment remained unchanged in January as the improvement in current situation was offset by the deterioration in expectations, survey data from the Munich-based ifo Institute showed on Monday.
The business climate index remained unchanged at 87.6 in January, while the score was expected to rise to 88.3.
The current situation index rose to 85.7 in January from 85.6 in December. Meanwhile, the expectations indicator dropped to 89.5 from 89.7 in the prior month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.