German business confidence eased in November as companies turned more pessimistic about outlook despite unprecedented fiscal policy U-turn, results of a closely watched survey by the ifo institute showed on Monday. The business climate index slipped to 88.1 in November from 88.4 in October. The current situation indicator came in at 85.6 in November, up from 85.3 in the previous month while the expectations index dipped to 90.6 from 91.6 a month ago.

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