German business confidence slips for third month

Mubasher: Germany’s business confidence index declined for the third successive month in February, according to a survey carried out by Ifo institute, on Tuesday.

The institute said in a statement posted on its website that German business confidence index fell to 105.7 this month compared to 107.3 in January.

Ifo Institute conducts a monthly survey on about 7,000 German companies in various sectors of the economy to study their business outlook.

Mubasher Contribution Time: 23-Feb-2016 11:59 (GMT)