Economics

German Business Outlook Improves as Weak Year Draws to Close

  • Ifo expectations index rises to 93.8 vs. 93.0 estimate
  • Slump may be ending, but growth to remain muted through 2020
Photographer: Alex Kraus/Bloomberg
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German business expectations improved for a third month in December, a sign manufacturers are starting to see a way out of a yearlong downturn that’s left Europe’s largest economy deeply scarred.