German business sentiment worsened in August for the second consecutive month as supply bottlenecks and concerns over the Covid-19 Delta variant clouded the short-term outlook.
The reading missed the consensus forecast from economists polled by The Wall Street Journal, who expected the index to decrease slightly to 100.3.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Euro zone business boom roared on in August -PMIBusiness activity in the euro zone grew strongly this month, only dipping from July's two-decade high monthly pace, as a rapid COVID-19 vaccination drive allowed more firms to reopen and customers to venture out, a survey showed.
Source: Reuters - 🏆 2. / 97 Read more »
Delta variant, supply woes crimp business activity in August -IHS Markit surveyU.S. business activity growth slowed for a third straight month in August as capacity constraints, supply shortages and the rapidly spreading Delta variant of the coronavirus weaken the momentum of the rebound from last year's pandemic-induced recession.
Source: Reuters - 🏆 2. / 97 Read more »