Archive for September 24th, 2014

New Overnight Developments Abroad - Daily Update

IFO Claims "The German Economy is No Longer Running Smoothly"

September 24, 2014

The IFO Institute’s German business climate index dropped 1.6 points to a 17-month low of 104.7.  Such has dropped 6.5 points since April.  Current conditions slid 0.6 points to 110.5 in September, down from 115.3 last April.  Expectations fell 2.4 points to 99.3, 9.5 points weaker than last January.  Manufacturing, construction, retail and especially wholesaling, […] More