German Business Confidence Drops Slightly in May

May 22, 2015 8:14 AM

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A closely watched survey shows German business confidence has slightly slipped as companies expressed satisfaction with their current situation but increasing worries about the future.

The Ifo Institute said Friday its Business Climate Index dipped to 108.5 points for May from 108.6 points the month before.

Also read: Eurozone economy showing signs of continued strong growth

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