ADVERTISEMENT
News » Money
Jul 25, 4:23 AM EDT

German business confidence drops for third month in a row amid Iraq, Ukraine concerns

Business Video

Latest Business News
German business confidence drops for third month in a row amid Iraq, Ukraine concerns

Growth in payments volume helps drive Visa's 3Q profit higher; outlook misses Street view

Bankrupt Energy Future Holdings to auction stake in Oncor, with interested bidders lining up

Starbucks 2nd-quarter profit rises as food offerings become a bigger driver to cafes

FDA accepts first application for approval of a biosimilar drug, could decide in 10 months

Multimedia
A district summary of the Beige Book
Measuring economic stress by county nationwide
Mall malaise: shoppers browse, but don't buy
Unemployment by the numbers
Family struggles with father's unemployment
Saying an affordable goodbye
Hard times hit small car dealer
Latest Economic News
German business confidence drops for third month in a row amid Iraq, Ukraine concerns

Obama calls anew for limits on US company mergers overseas, says it's a question of patriotism

How the Dow Jones industrial average and other major indexes fared on Thursday

Stocks end little changed as investors work through earnings and economic reports

Facebook, Royal Caribbean, Nokia, Qualcomm, and Pinnacle are big market movers

US stock market ends little changed after mixed signals on the economy, earnings

IMF cuts global growth forecast because of slowdowns in US, Russia and emerging markets

US stock market inches higher at midday after United, Ford and others report better results

US stock market inches higher at open after Facebook, Ford and others report quarterly results

Survey finds eurozone economic growth picking up in July but faces uncertainty from Ukraine

Buy AP Photo Reprints
Interactives
Greece's Debt Threatens to Spread
State budget
gaps map
Auto industry problems trickle down, punish Tennessee county
Women give old Derby hats a makeover in tough economy
S.C. town deals with highest unemployment in South
How mortgages were bundled and sold as securities
Tracking the $700 billion financial bailout
Tracking the year's job losses
State-by-state foreclosures since 2007
Credit crisis explained
Presidents and their economic legacies
Lexicon of the financial crisis
Americans' addiction to debt
Interactive
Berlin Wall: 20 Years Later

BERLIN (AP) -- German business confidence is down for a third month in a row amid ongoing concerns about the economic impact of the crises in Ukraine and Iraq.

The closely-watched Ifo Institute survey fell to 108 points in July from 109.7 points in June. Economists had widely been expecting a slight rise over June's figure.

The institute said Friday that businesses' assessment of their current situation fell to 112.9 points from 114.8 the previous month, while their expectations for the future fell to 103.4 from 104.8.

The Ifo survey is based on monthly responses from about 7,000 companies.

© 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.

 
ADVERTISEMENT