Germany's Ifo confidence index at four-month low

June 24, 2015 8:09 AM

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Germany's Ifo confidence index at four-month low

Frankfurt (AFP) - German business confidence fell to its lowest level in four months in June as the outlook for Europe's biggest economy clouds over, the Ifo economic institute said on Wednesday.

The Ifo institute's closely watched business climate index fell to 107.4 points in June from 108.5 points in May, the think tank said in a statement. That is the lowest level since February.

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