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German Business Confidence Unexpectedly Deteriorates

Por: RTTNews Business December 18, 2023

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Sentiment among German companies deteriorated at the end of the year, providing more evidence that the is mired in a recession, results of a key survey showed Monday.The climate index fell to 86.4 in December from a revised score of 87.2 in the previous month, survey results from the Munich-based ifo Institute revealed. The score was forecast to improve to 87.8. The ifo survey showed that companies were less satisfied with their current business... + full article



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