German business confidence falls again in February: Ifo

German business confidence fell for the third consecutive month in February, with manufacturers reporting the biggest drop in confidence since November 2008, the Ifo economic institute said Tuesday. The institute's closely-watched business climate index slumped to a level not seen since January 2015, reaching 105.7 points in February from 107.3 points in the previous month, Ifo said in a statement. "The majority of companies were pessimistic about their business outlook for the first time in ove