German Ifo Business Climate Drops To 106.9 In May

by Monica Gerson, Benzinga Staff Writer
May 24, 2012 5:13 AM | 12 seconds read |
According to the Munich-based Ifo Institute, German business climate index fell to 106.9 in May, versus 109.9 in April. Economists were expecting a drop to 109.5. Ifo's current conditions index declined to 113.3 in May, versus 117.5 in April.
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