OUCH! German business morale unexpectedly drops to 6mth low on virus woes. Ifo business climate index fell to 90.1 from upwardly revised reading of 92.2 in Dec & vs 91.9 expected. Expectations component drops to 91.1 vs 93 in Dec. Current conditions plunges to 89.2 vs 91.3 in Dec

by Holger Zschaepitz
OUCH! German business morale unexpectedly drops to 6mth low on virus woes. Ifo business climate index fell to 90.1 from upwardly revised reading of 92.2 in Dec & vs 91.9 expected. Expectations component drops to 91.1 vs 93 in Dec. Current conditions plunges to 89.2 vs 91.3 in Dec https://t.co/fivDBpGcpW

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