Retail

German Business Morale Falls In June, Retail Indicators Fall 'Sharply'

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German business confidence deteriorated in June, a survey showed on Monday, suggesting the mood among company executives in Europe's biggest economy is darkening in light of the threat of a global trade war.

The Munich-based Ifo economic institute said its business climate index fell to 101.8, falling slightly less than predicted in a Reuters consensus forecast of 101.7.

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