Germany – ifo Index Declines (July 2021) (Ifo Institute)

Ifo Institute writes: Sentiment in the German economy has clouded over. The ifo Business Climate Index for Germany fell to 100.8 points in July, down from 101.7 points in June (seasonally adjusted). Companies evaluated their current business situations as somewhat better, but their expectations for the coming months were significantly less optimistic. Supply bottlenecks and concerns over newly rising infection numbers are weighing on the German economy.

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