German ifo Business Climate Index falls for third month
To 87.3 points in July, down from 88.6 points in June
25 July, 12:29
(ANSA) - BELGRADE, JUL 25 - The ifo institute reported today
that business sentiment in Germany has deteriorated further. In
July, the ifo Business Climate Index fell to 87.3 points from
88.6 points in June. This is its third consecutive fall.
Companies, in particular, were significantly dissatisfied with
their current business. Also, expectations were lower. The
German economy's situation is deteriorating, ifo noted. (ANSA).