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German business sentiment hits 14-month low in February

Published Tue, Feb 23, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Frankfurt

CLOUDS loomed over the German economy on Tuesday as business confidence in Europe's economic powerhouse fell to its lowest level in over a year.

According to the closely-watched business climate index calculated every month by the Ifo economic institute, business sentiment slumped to its lowest level since December 2014 in February.

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