German business optimism fades as crisis bites

Published



FRANKFURT, Germany (AP) — A key measure of German business optimism fell in June, another signal that the financial crisis could slow Europe’s biggest economy in coming months and complicate the continent’s effort to dig out of debt.

The Ifo institute index published Friday fell to 105.3 points in June from 106.9 the month before, worse than market analysts’ expectations for a dip to 105.6. It was the second month in a row that the index has fallen.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.