(Bloomberg) -- German business confidence fell for a
second month in July, indicating Europe's largest economy is
losing momentum.
The sentiment index, based on responses from 7,000
executives, fell to 106.4 from 107 in June, the Munich-based Ifo
research institute said today. That's in line with the median
estimate of economists in a Bloomberg News survey. The index
reached an all-time high of 108.7 in December.
Read more at Bloomberg Bonds News
second month in July, indicating Europe's largest economy is
losing momentum.
The sentiment index, based on responses from 7,000
executives, fell to 106.4 from 107 in June, the Munich-based Ifo
research institute said today. That's in line with the median
estimate of economists in a Bloomberg News survey. The index
reached an all-time high of 108.7 in December.
Read more at Bloomberg Bonds News
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