Wealth and Asset Management
Germany: further decline in IFO expectations
Germany: IFO (Sept.): 84.3 vs 87 expected (prior: 88.6 revised from 88.5) Business sentiment has deteriorated further over the month. Sentiment has decreased on current situation (index from 97.5 to 94.5), and expectations have sharply fallen (from 80.5 to 75.2). Expectations have reached depressed levels, being close to the lows…
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