German Ifo collapsed to 86.1, steepest decline since reunification

<p>Germany Ifo Business Climate collapsed from 96.0 to 86.1 in March. That’s the steepest decline ever recorded since German reunification. It’s also the lowest value since July 2009. Current Situation index dropped from 99.0 to 93.0. Expectations Index dropped from 93.1 to 79.7. By sector, manufacturing index dropped from -1.6 to -18.2. It’s the lowest […]</p>
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