23 January 2001, 10:15  German business sentiment index extends fall to 96.5 points in December

Frankfurt--Jan. 22--Business sentiment in the western German manufacturing, trade and construction industries took a dive again in December to a seasonally adjusted index reading of 96.5 points compared with 97.0 posted in November, the Ifo economic institute said. Although the data comes mostly in line with forecasts, which called for a reading of 96.6 points in December, it also marks the seventh month in a row of declining business sentiment.

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