BERLIN: German business sentiment fell to its lowest level in nine months in July in a sign that firms in Europe's largest economy are worried about the crises in Ukraine, Iraq and Gaza.
The Munich-based Ifo think tank's business climate index, conducted from July 4 to 24 and based on a monthly survey of some 7,000 firms, fell to 108.0 from 109.7 as geopolitical tensions weighed on confidence.
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