The indicator rose to 102,4 points, from 101,4 in November – The figure is slightly higher than analysts' expectations, who had forecast a reading of 102 points.
In Germany, business confidence increased in December. The Ifo index rose to 102,4 points, from 101,4 in November.
The figure is slightly higher than the expectations of analysts, who had predicted a reading of 102 points.
In detail, the indicator on current conditions fell to 107,1 from 108,1 (108 expectations), while that on expectations rose to 97,9 from 95,2 (96,2).
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