May 22, 2015 6:59 AM

German business confidence drops slightly in May

The Associated Press

BERLIN (AP) A closely watched survey shows German business confidence has slipped slightly as companies expressed satisfaction with their current situation but increasing worries about the future.

The Ifo Institute said Friday its Business Climate Index dipped to 108.5 points for May from 108.6 points the month before.

The survey of some 7,000 firms in manufacturing, construction, wholesaling and retailing showed a rise in their evaluation of their current situation to 114.3 points from 114.0 in April.

When asked about their expectations for the next six months, however, their evaluation dropped to 103.0 points from 103.4 the month before.


--  Dealing with the Disease of Addiction? Click here for help --

More from

NH1 News Debates
NH1 News Replay

NH1 on Twitter

NH1 SkyView Cameras

NH1 on Facebook

Check out NH1 News Rail Polls on LockerDome on LockerDome