German Ifo fall sto 88.6, struggling to overcome stagnation

German Ifo Business Climate fell from 89.3 to 88.6 in June, below expectation of 89.7. Current Assessment index was unchanged at 88.3, below expectation of 88.4. Expectations Index fell from 90.3 to 89.0, below expectation of 91.0. Ifo said that the German economy is “having difficulty overcoming stagnation”. By sector, manufacturing fell from -6.5 to […]

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