{"id":348,"date":"2024-07-29T04:40:45","date_gmt":"2024-07-29T04:40:45","guid":{"rendered":"https:\/\/timesofgerman.com\/german-ifo-business-confidence-deteriorates-in-july\/"},"modified":"2024-07-29T04:40:45","modified_gmt":"2024-07-29T04:40:45","slug":"german-ifo-business-confidence-deteriorates-in-july","status":"publish","type":"post","link":"https:\/\/timesofgerman.com\/en\/german-ifo-business-confidence-deteriorates-in-july\/","title":{"rendered":"German Ifo Business Confidence Deteriorates In July"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"ctl00_CPB_dvBody\" itemprop=\"articleBody\">\n<p> German economic sentiment declined sharply in July as signs of economic recovery faded, survey data from the ifo Institute showed on Thursday.<\/p>\n<p>The ifo Business Climate Index fell unexpectedly to a five-month low of 87.0 in July from 88.6 in June. The reading was seen at 88.9.<\/p>\n<p>The survey showed that companies were less satisfied with the current <span class=\"landLinks\"><a href=\"https:\/\/www.rttnews.com\/Content\/Business.aspx?utm_source=rttnews&amp;utm_medium=amp\" target=\"_blank\" rel=\"noopener\">business<\/a><\/span> situation and their skepticism regarding the coming months increased considerably.<\/p>\n<p>&#8220;The German economy is stuck in crisis,&#8221; ifo Institute President Clemens Fuest said.<\/p>\n<p>The current situation index posted 87.1 in July, down from 88.3 in June. The reading was expected to rise to 88.5. <\/p>\n<p>Likewise,&#8230;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.rttnews.com\/amp\/3462746\/german-ifo-business-confidence-deteriorates-in-july.aspx\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German economic sentiment declined sharply in July as signs of economic recovery faded, survey data from the ifo Institute showed on Thursday. The ifo Business Climate Index fell unexpectedly to a five-month low of 87.0 in July from 88.6 in June. The reading was seen at 88.9. The survey showed that companies were less satisfied [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[46,235,236,234],"class_list":{"0":"post-348","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business","7":"tag-germany","8":"tag-germany-business-confidence","9":"tag-germany-business-sentiment","10":"tag-ifo"},"_links":{"self":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/posts\/348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/comments?post=348"}],"version-history":[{"count":0,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/posts\/348\/revisions"}],"wp:attachment":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/media?parent=348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/categories?post=348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/tags?post=348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}