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German business morale falls after Brexit vote

CCTV.com

07-26-2016 01:04 BJT

Business climate index of Germany fell to 108.3 in July from 108.7 in June, suggesting German company executives have become less optimistic since Britain voted to leave the European Union, that's according to a latest survey by Munich-based Ifo economic institute.

But the compiler also says assessments of the current business situation improved slightly, signifying that the German economy remains resilient.

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