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German Aug business climate 86.6 vs 87.0 in July - Ifo
Slightly above economists' expectations (Il Sole 24 Ore Radiocor) - Berlin , 26 Aug - In August, the business climate in Germany decreased to 86.6 from 87.0 in July, according to the latest survey released by think tank Ifo.
The reading was nonetheless slightly above economist expectations of 86.0.
"The German economy is increasingly falling into crisis," said Clemens Fuest, president of Ifo.
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(RADIOCOR) 26-08-24 10:34:07 (0166) 5 NNNN