{"id":351,"date":"2024-07-29T04:40:46","date_gmt":"2024-07-29T04:40:46","guid":{"rendered":"https:\/\/timesofgerman.com\/german-business-sentiment-unexpectedly-darkens-in-july\/"},"modified":"2024-07-29T04:40:46","modified_gmt":"2024-07-29T04:40:46","slug":"german-business-sentiment-unexpectedly-darkens-in-july","status":"publish","type":"post","link":"https:\/\/timesofgerman.com\/en\/german-business-sentiment-unexpectedly-darkens-in-july\/","title":{"rendered":"German business sentiment unexpectedly darkens in July"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<p>German business morale unexpectedly fell in July amid increasing pessimism about the performance of Europe&#8217;s largest economy, a survey of around 9,000 managers showed today.<\/p>\n<p>The Ifo institute said its business climate index sank to 87 in July from 88.6 in June, compared with a reading of 88.9 forecast by analysts in a Reuters poll.<\/p>\n<p>&#8220;The German economy is stuck in the crisis,&#8221; said Ifo president Clemens Fuest.<\/p>\n<p>This is the third consecutive decline in Germany&#8217;s most prominent leading indicator.<\/p>\n<p>&#8220;While one is none, three is clearly a trend,&#8221; ING&#8217;s global head of macro Carsten Brzeski said. &#8220;The German economy is back as the euro zone&#8217;s&#8230;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.rte.ie\/news\/business\/2024\/0725\/1461721-german-business-morale\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German business morale unexpectedly fell in July amid increasing pessimism about the performance of Europe&#8217;s largest economy, a survey of around 9,000 managers showed today. The Ifo institute said its business climate index sank to 87 in July from 88.6 in June, compared with a reading of 88.9 forecast by analysts in a Reuters poll. [&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":[],"class_list":{"0":"post-351","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"_links":{"self":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/posts\/351","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=351"}],"version-history":[{"count":0,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/posts\/351\/revisions"}],"wp:attachment":[{"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/media?parent=351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/categories?post=351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timesofgerman.com\/en\/wp-json\/wp\/v2\/tags?post=351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}