Germany business confidence

Germany’s business confidence increased to 86.9 by 1.0% on December 2023 from 85.8 in the previous month. On a year on year basis Germany’s business confidence decreased by -2.0%. Germany’s business confidence trend is down since the current value of 86.9 is lower than the 12 month moving average of 88.81. and the 12 month moving average slope is down.Germany’s business confidence 5-year percentile is currently at 68.0%.
A detailed analysis can be found here