FRANKFURT, Germany (AP) – A closely watched survey of German business optimism fell for the fourth month in a row, highlighting concerns about the impact on Europe’s largest economy. energy prices rising sharply and persistent bottlenecks in the supply of raw materials and parts.
The Munich-based Ifo Institute, which compiles the survey of thousands of German companies on their outlook, said on Monday its index fell to 97.7 points in October, from 98.9 in September.
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