German Business Sentiment Worsened for Fifth Straight Month in September

Business sentiment in Germany weakened even further in September, the fifth consecutive month of decline, with the economic outlook remaining bleak in Europe's largest economy, according to a survey of companies.

The Ifo business-climate index declined slightly to 85.7 in September from a revised 85.8 in August, data from the Ifo Institute said Monday. The reading was better than the expectations of 85.0 from economists polled by The Wall Street Journal.

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