Новости, Экономика

22 июн 14:25
German Ifo Business Confidence Falls More Than Forecast

Germany's business sentiment weakened more than expected in June, reports said Friday citing the latest survey results from Ifo Institute.

The business confidence index fell to 105.3 from 106.9 a month ago. Economists were expecting the index to fall to 105.6.

On the other hand, the current assessment index rose unexpectedly to 113.9 from 113.2. The reading was well above the consensus forecast of 112.

Economic expectations deteriorated in June to 97.3 from 100.8 a month ago. The index stayed below the 99.8 level forecast by economists.

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