Comment on Updated: German business confidence drops unexpectedly, survey shows

Updated: German business confidence drops unexpectedly, survey shows

BERLIN — Business confidence in Germany, Europe’s biggest economy, has dropped unexpectedly as managers’ assessment of both their current and future situations darkened following Britain’s decision to leave the European Union, a survey showed Thursday. The Ifo institute’s confidence index fell to 106.2 points for August from 108.3 in July.

 

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