Reuters: US Dollar Report: German business sentiment posts surprise 6th drop in a row

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German business sentiment posts surprise 6th drop in a row Oct 24th 2012, 08:06 Tweet Share this Email Print Related Topics Currencies » Bonds News » Bonds » Markets » Wed Oct 24, 2012 4:06am EDT BERLIN, Oct 24 (Reuters) - German business sentiment dropped for the sixth successive month in October, in a surprise fall that was bigger than even the lowest forecasts, signalling that the euro zone debt crisis is hitting home in Europe's largest economy. The Munich-based Ifo think tank said on Wednesday its business climate index, based on a monthly survey of some 7,000 firms, fell to 100.0 in October from 101.4 in September. A Reuters poll of 45 economists had forecast a slight rise to 101.5, with figures ranging 100.4 to 102.5. Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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