Wednesday, April 24, 2013

German business morale tumbles for second month in April

BERLIN (Reuters) - German business sentiment fell in April for the second consecutive month, missing even the lowest estimate in a Reuters poll and signalling that Europe's largest economy is struggling to pull away from a contraction at the end of last year. 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 104.4 ...

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