Businessinsider.co.za | Germany is ‘on the cusp of a recession’ due to Russia’s natural-gas squeeze and energy inflation

The Ifo Institute’s Business Climate Index fell to 88.6 in July. That’s its lowest level since June 2020, and down from 92.2 points in June.

Source: Businessinsider.co.za | Germany is ‘on the cusp of a recession’ due to Russia’s natural-gas squeeze and energy inflation