Economics
German Business Sentiment Falls as Market Woes Cloud Outlook
- Ifo business climate index drops to 107.3 from 108.6
- Gauges for current condition and expectations deteriorate
German Business Confidence Falls on Growth Concerns
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German business confidence fell for a second month in January in a sign that companies in Europe’s largest economy are increasingly worried about slowing global growth.
The Ifo institute’s business climate index dropped to 107.3 from a revised 108.6 in December. The median estimate in a Bloomberg survey of economists was for a decline to 108.4.