Reuters: US Dollar Report: German business morale falls for first time in 5 months

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

German business morale falls for first time in 5 months Mar 22nd 2013, 09:14 BERLIN, March 22 | Fri Mar 22, 2013 5:14am EDT BERLIN, March 22 (Reuters) - German business morale fell in March, breaking a four-month run of gains, as ongoing struggles to agree a bailout for Cyprus reignited concerns that the euro zone debt crisis could weigh on Europe's largest economy. The Munich-based Ifo think tank said on Friday its business climate index, based on a monthly survey of some 7,000 firms, fell to 106.7 in March, down from 107.4 in February. "The German economy remains on track in a challenging environment thanks to strong domestic demand," Ifo said in a statement. The headline number was below the median forecast in a Reuters poll of 37 economists for the business climate index to climb to 107.6.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions