BERLIN: German business confidence dipped in July, suggesting a slew of risks, including the threat of US tariffs on cars and car parts, is starting to unsettle company executives in Europe’s largest economy.
The Munich-based Ifo economic institute said its business climate index fell to 101.7 from 101.8 in June, but it did not register as big a drop as forecast. Economists polled by Reuters had expected a reading of 101.5.
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