• <a fr-original-style="" href="https://www.reuters.com/markets/europe/german-business-morale-recovers-november-ifo-2022-11-24/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">German business morale</a> rose above expectations in November, according to an Ifo survey released on Thursday, fueling hopes of a shallower recession and faster recovery. The Ifo business climate index jumped to 86.3, exceeding a forecast of 85.0 and following a revised reading of 84.5 in October.<img src="https://images.aposto.com/2022/10/4/1669315972288.png" style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="1.79" width="550" alt="Ifo business climate" fr-original-style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">Ifo<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Zoom in: While companies were somewhat less satisfied with their current business, Ifo said, pessimism regarding the coming months reduced sharply, with an improvement seen particularly in manufacturing.</li></ul>

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