- Prior 86.3; revised to 86.4
- Current conditions 94.4 vs 93.5 expected
- Prior 93.1; revised to 93.2
- Expectations 83.2 vs 82.0 expected
- Prior 80.0; revised to 80.2
That's a slight improvement in German business morale but the dark clouds are still circling amid high inflation and weaker demand conditions. A recession as we get into next year still seems the most likely scenario despite things not being as bad as feared initially coming into Q4.
