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Company News

TABLE-German Ifo business climate index rises in September

    BERLIN, Sept 24 (Reuters) - Germany's Ifo economic research
institute on Thursday gave the following data from its September
business climate survey:
    
 GERMANY                 SEP '20     AUG '20     SEP '19
 BUSINESS CLIMATE             93.4        92.5        94.8
                                                
 BUSINESS CONDITIONS          89.2        87.9        98.6
                                                
 BUSINESS EXPECTATIONS        97.7        97.2        91.1
                                                
    NOTE - The headline business climate index compared with the
Reuters consensus forecast for a reading of 93.8. Forecasts
ranged between 90.0 and 95.5.     
 COMPONENTS              SEP '20    AUG '20      SEP '19
 MANUFACTURING                -0.2        -5.6        -6.5
                                                
 SERVICES                      6.9         7.7        16.9
 TRADE                         0.3        -4.8        -3.7
 CONSTRUCTION                  3.3         0.0        20.5
    (Valued given are seasonally adjusted balances)
 

 (Reporting by Berlin Speed Desk)
  
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