. >>> and sinking to the bottom of the stoxx 600 as the drinksmaker warns of slower growth in the second half. >>> a very warm welcome to "street signs. great to be back in the studio >> great to have you back. >> we have fresh information out. for the month of november, the ifo has come in at 86.3 of the slightly better than expected. of course well below the 100 level. in terms of the breakdown, the current conditions index at 93.1 the expectation is 80. that is a weak number in comparison just to put it out for october. the ifo expectation index at 75.9 things have improved, but we are looking at weak numbers. >> coming off the low base it does show similarly to the pmi numbers that came out yesterday. the flash pmi numbers across th eurozone countries still most of the data is pointing to recession, but it is not getting worse. we obviously have an expert to talk about this with us. it does feel german business morale has risen for the month of november. >> that is really interesting. i'm keen to hear what the head of ifo institute for research. klaus, this was not the headline many