Posts tagged as dips

German business confidence dips further to near 5-year low

Monday, June 24, 2019

A closely watched survey is showing that German business confidence has fallen to a near five-year low as managers’ expectations for the coming six months have deteriorated. The Ifo institute said Monday that its monthly confidence index slipped to 97.4 points in June from 97.9 last month, in line with market expectations. The third straight monthly fall takes the index to its lowest since November 2014 and was entirely due…