Germany: Business confidence plummets as economy 'on cusp of recession' - DW (English)

7/25/2022 12:00:00 AM2 years 9 months ago
by Deutsche Welle (www.dw.com)
by Deutsche Welle (www.dw.com)
German businesses have been losing confidence in the current economic climate as growth prospects worsen. The ifo Institute that published the survey pointed to high energy prices.
Morale among German businesses has fallen as rising prices for goods and fuel dampen growth prospects, according to a survey by the German ifo institute think tank published on Monday. "High energy … [+1913 chars]
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