German business sentiment worsened in July amid an increase in coronavirus infections and supply woes, missing forecasts for an increase. The Ifo business-climate index came in at 100.8 points in July compared with the 101.7 points registered in June, according to data from the Ifo Institute released Monday. The reading missed a forecast from economists polled by The Wall Street Journal, who expected the index to increase to 102.5. "Supply bottlenecks and concerns over newly rising infection numbers are weighing on the German economy," Clemens Fuest, president of the Ifo institute, said. Companies evaluated their ... (full story)