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Reference to the 2G rule in front of a Leipzig restaurant
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The mood in the German economy has deteriorated further in view of the ongoing delivery problems and the ongoing corona pandemic.
The business climate index fell to 96.5 points after 97.7 points in October, as the Munich-based Ifo Institute announced in its survey of around 9,000 executives.
Experts had only expected a decrease to 96.6 points.
"Delivery bottlenecks and the fourth corona wave are causing problems for companies," said Ifo President Clemens Fuest.
The bosses assessed the situation of their companies more skeptically than before and were also less optimistic about the future.
But there are differences between the individual industries.
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apr / Reuters