German business mood sours amid gas crisis


The German business climate worsens in June, with the index falling to 92.3 from 93 in May, a key survey published today shows. – EPA pic, June 24, 2022.

THE German business climate worsened this month, a key survey published today showed, as Europe’s largest economy faced up to a possible Russian gas stop.

The closely watched index fell to 92.3 from 93 in May, after rising for the last two months, according to the Ifo think tank.


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