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Germany Business Confidence December 2022

Germany: Business confidence picks up in December

Business confidence came in at 88.6 in December, up from November’s 86.4. Despite the uptick, the index remained below the 100-threshold, separating pessimism from optimism among businesses.

The improvement in December was driven by firms in all sectors becoming less pessimistic about future business conditions. Less positively, firms in the construction sector became more pessimistic about present business conditions.

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