GERMAN IFO BUSINESS INDEX IN AUGUST (M/M) AT 102.3 vs exp 102.7 vs prv 103.2

The German IFO business Confidence Index, a gauge of business sentiment amongst 7000 applicants surveyed, fell to 102.3 in August from 103.2 in July. Expectations came in at 102.7 but the decline was the fourth consecutive one which affected Europe’s largest economy. (Bloomberg)



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