(ANSA-AP) - BERLIN, OCTOBER 25 - A closely-watched survey
shows German business confidence slipping amid growing concerns
about trade disputes and other economic issues. The Munich-based
Ifo Institute said Thursday its survey of the outlook of German
business executives fell to 102.8 points in October from 103.7
in September. It was the second monthly fall in a row.
Survey participants' assessment of the current business
environment slipped to 105.9 from 106.6 the previous month,
while their expectations fell to 99.8 from 100.9. Ifo President
Clemens Fuest says "growing global uncertainty is increasingly
taking its toll on the German economy." The survey is based on
some 9,000 responses from firms in manufacturing, service
sector, trade and construction. (ANSA-AP).
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