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German business morale brightens in January -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO Christmas shoppers fill Hohe Strasse in Cologne with masks during the COVID-19 pandemic. This was December 12, 2020. REUTERS/Wolfgang Rattay/File Photo

BERLIN (Reuters), – German business spirits improved for the first seven months in January as a result of easing supply chain bottlenecks, resulting in an increase in factory output in Europe’s biggest economy. A survey was released Tuesday.

According to the Ifo Institute, its index of business climate rose to 95.7 in January from a revised 94.8 in December. An analyst poll by Reuters had indicated that December’s reading was 94.7

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