Tags: german | ifo | business | ifo

German Business Sentiment Index Falls for 4th Month

Monday, 27 Aug 2012 10:37 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

German business sentiment dropped for the fourth successive month in August to reach its lowest level since March 2010, in a sign that domestic firms are increasingly vulnerable to the ravages of the euro zone crisis.

The Munich-based Ifo think tank said on Monday its business climate index, based on a monthly survey of some 7,000 firms, fell to 102.3 in August from a downwardly revised 103.2 in July.

A Reuters poll of 40 economists had forecast a fall to 102.6 from an originally reported 103.3.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
You May Also Like
Around the Web
Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved