German Companies Get Delayed Brexit Shock as Confidence Plunges

  • Business climate index falls to 106.2 in August from 108.3
  • Gauges for current conditions, expectations deteriorate

German Business Sentiment Plunges

German business sentiment unexpectedly declined the most in more than four years in August in a sign that companies are waking up to the consequences Britain’s decision to quit the European Union will have on the economy.

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