German business confidence 'falls in August'


(MENAFN- AFP) German business confidence made a steeper fall in August than expected, slipping to its lowest level since December 2014, the Ifo economic institute said on Thursday.

Its closely-watched index fell to 106.2 in August -- well below the 108.5 predicted by analysts surveyed by Factset -- from its July level of 108.3.


AFP

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