Referenews

Business sentiment in Germany improved for the third month in a row in November, according to a survey of companies, a signal that headwinds holding back the economy, such as high inflation, may be easing even if the country is likely in the midst of a recession.

The Ifo business-climate index rose slightly to 87.3 in November from a revised 86.9 in October, data from the Ifo Institute said Friday.