Wednesday, October 24, 2012

Instant View: German business sentiment worsens in October

BERLIN (Reuters) - German business sentiment dropped for the sixth successive month in October, in a surprise fall that was bigger than even the lowest forecasts, signaling that the euro zone debt crisis is hitting home in Europe's largest economy. The Munich-based Ifo think tank said on Wednesday its business climate index, based on a monthly survey of some 7,000 firms, fell to 100.0 in October ...

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