German business morale falls to lowest since 2009; economy 'in shock'

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Business morale in Germany logged its steepest fall in March since the country's reunification in 1990, the closely-watched Ifo Institute for Economic Research said Wednesday. The German Ifo business climate index fell to 86.1 in March from 96.0 in February. The reading was lower than expectations of 87.7 and was last at this level in July of 2009.It comes after data released Tuesday showed the euro zone suffered aRelated Tags

Perhaps CNBC did that with their constant fear mongering. Have a friend with the virus and his wife panics everytime she turns on the news.

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business morale is down everywhere

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